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Mortgage Rate Trend Index

 
 

Will rates go up, down or remain unchanged?

David KuiperDavid Kuiper
Mortgage planner, First Place Bank, Holland, Mich.
Not much action in the markets right now, and no major economic reports are expected. Rates will continue to trade in a very narrow range.
Chris SipeChris Sipe
Senior loan officer, Embrace Home Loans, Frederick, Md.
While I see volatility continuing in coming weeks, I see rates remaining around current levels in the near term.
John WalshJohn Walsh
President, Total Mortgage Services, Milford, Conn.
I believe rates will remain steady during the upcoming week.
 
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Mortgage Overnight Averages
Product Rate +/- Last week
30 yr fixed mtg
3.77% 3.60%
15 yr fixed mtg
2.88% 2.74%
5/1 ARM
2.66% 2.54%
30 yr fixed mtg refi
3.76% 3.58%
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Another indicator of an improving housing market: Realtor income is up.
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