mortgage

Mortgage Rate Trend Index

 
 

Will rates go up, down or remain unchanged?

Michael BeckerMichael Becker
Mortgage 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 EgebergDerek Egeberg
Certified Mortgage Planning Specialist and branch manager, Academy Mortgage, Yuma, Ariz.
The turmoil overseas has helped bonds remain relatively strong. Rates remain great.
Rebecca R. MadejRebecca R. Madej
Mortgage 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 SahngerJim Sahnger
Mortgage 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.
 
advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
MORTGAGE & REAL ESTATE NEWSLETTER

Timely market news and advice for consumers ready to buy, sell or invest in real estate. Delivered weekly.

Blog

Polyana da Costa

Bullish jobs report bad for rates?

The employment report released this morning is great news for the economy but not so much for mortgage borrowers.  ... Read more

advertisement
Partner Center
advertisement

Connect with us