mortgage

Mortgage Rate Trend Index

 
 

Will rates go up, down or remain unchanged?

Greg McBrideGreg McBride
CFA, senior financial analyst, Bankrate.com
With Bernanke hedging his inflation comments -- and little substantive economic data in coming days -- if mortgage rates move, it will be higher.
Michael BeckerMichael Becker
Mortgage banker, Happy Mortgage, Lutherville, Md.
The hawkish Fed member speeches of the last week seem to have the bond markets focused on inflation. This has resulted in higher Treasury yields and higher mortgage rates. With the markets focused on inflation now, I see only one way for rates to go and that is higher.
Kevin BreelandKevin Breeland
General manager, Residential Mortgage of South Carolina, Mount Pleasant, S.C.
Inflation winds continue to blow, oil prices continue to rise, turmoil in the Middle East, U.S. government shutdown on the horizon. I expect this will be a volatile week for the markets. I expect in the next seven days we will see higher rates.
Dan GreenDan Green
Waterstone Mortgage, author of TheMortgageReports.com, Cincinnati
Persistently high oil prices take their toll. Mortgage rates move higher.
Rebecca R. MadejRebecca R. Madej
Mortgage consultant, Cunningham & Company Mortgage Bankers, Charlotte, N.C.
The current market isn't as favorable to bonds as it was in weeks past, so rates will rise.
John WalshJohn Walsh
President, Total Mortgage Services, Milford, Conn.
Rates are likely to increase in the coming week.
Tommy XintarisTommy Xintaris
Senior mortgage consultant, Houston
Equity markets look to get more action than bond markets in the upcoming week; so while there shouldn't be any drastic fluctuations, any movement would result in higher mortgage rates.
 
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