Michael BeckerMortgage banker, Happy Mortgage, Lutherville, Md.
Unrest in Libya and the Middle East has pushed investors into the relative safety of Treasury bonds. This has lowered Treasury yields and mortgage rates. I expect this will keep rates low in the coming week. I would lock in now as the long term trend is for higher rates. Mortgage rates hold steady in the coming week.
Derek EgebergCertified Mortgage Planning Specialist and branch manager, Academy Mortgage, Yuma, Ariz.
The turmoil overseas has helped bonds remain relatively strong. Rates remain great.
Rebecca R. MadejMortgage Consultant, Cunningham & Company Mortgage Bankers, Charlotte, N.C.
We've had some reprieve from rising rates and I think we'll be in a holding pattern for a few days.
Jim SahngerMortgage consultant, Palm Beach Financial Network, Stuart, Fla.
Rates may actually improve a bit from here on global unrest. However, as rates have lowered in recent weeks, now is a great time to lock and not risk losing what we have. Regardless, as we approach April, the fees for loans will be increasing, so lock as early as possible right now.