mortgage

Mortgage Rate Trend Index

 
 

Will rates go up, down or remain unchanged?

Holden LewisHolden Lewis
Assistant managing editor, Bankrate.com
Rates fell in the last week because of concerns about Italy's debt problems. If we don't get a debt deal done soon here in the United States, we probably will see a rise in Treasury yields and mortgage rates.
Barry HabibBarry Habib
CEO, Mortgage Market Guide, Holmdel, N.J.
Higher off of inflation fears.
John WalshJohn Walsh
President, Total Mortgage Services, Milford, Conn.
Mortgage rates are likely headed higher over the next week. Fed Chairman Ben Bernanke's comments that the Federal Open Market Committee is considering providing additional stimulus if economic conditions deteriorate is a boon to stocks. When stocks do well, mortgage-backed securities usually suffer. Moreover, the likelihood that a small, temporary "kick-the-can" measure will be adopted related to the debt ceiling and deficit issue will tend to push rates higher.
 
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

Holden Lewis

What are HUD’s priorities?

The new housing secretary delivered his first major speech since taking office. What's his top priority? He doesn't say.  ... Read more

advertisement
Partner Center
advertisement

Connect with us