Polyana da CostaMortgage reporter, Bankrate.com
Mortgage rates have declined to near-record lows in the past few weeks. I think they'll remain low, but there will be a small upward adjustment next week.
Holden LewisAssistant managing editor, Bankrate.com
Anytime mortgage rates are below 5 percent, they're poised to go higher.
Greg McBride, CFA
Senior financial analyst, Bankrate.com
With inflation numbers on deck, there is a greater likelihood of mortgage rates moving up rather than down.
Derek EgebergCertified mortgage planning specialist and branch manager, Academy Mortgage, Yuma, Ariz.
The technical review shows mortgage bonds are oversold. Additionally, bonds have hit a huge barrier of resistance in the 200-day moving average and appear unable to break beyond that point.
Dick LepreSenior loan officer, RPM Mortgage, San Francisco
The daily tech was overbought to the extreme and is now reversing to bearish. We should see two weeks of higher yields and rates. This cycle had pronounced intraday techs, which can be viewed as ominous of even lower yields the next time we have a daily bullish cycle. One could speculate that we will have a very flat yield curve and, while maybe not a double-dip recession, extremely low GDP growth. Inflation data on May 12-13 are important in the short term.
John WalshPresident, Total Mortgage Services, Milford, Conn.
Rates are likely to increase in the coming week.