mortgage

Mortgage Rate Trend Index

 
 

Will rates go up, down or remain unchanged?

Holden LewisHolden Lewis
Mortgage editor, Bankrate.com
Mortgage brokers keep talking about volatility in rates, but I don't see much volatility in bond yields. I expect rates to remain relatively steady during the holiday week.
Kevin BreelandKevin Breeland
General manager, Residential Mortgage of South Carolina, Mount Pleasant, S.C.
With a holiday short week, I expect rates to remain unchanged.
Jim SahngerJim Sahnger
Mortgage consultant, Palm Beach Financial Network, Stuart, Fla.
Short term, expect continued volatility, which could push rates higher on a day-to-day basis. But overall, rates should remain close to where they are.
 
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Product Rate Change Last week
30 year fixed 4.29%  0.01 4.30%
15 year fixed 3.23%  0.06 3.29%
5/1 ARM 3.33%  0.12 3.45%
 
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