mortgage

Mortgage Rate Trend Index

 
 

Will rates go up, down or remain unchanged?

Michael BeckerMichael Becker
Mortgage banker, WCS Funding Group, Lutherville, Md.
Although rates are at historic lows, I think there is a bit of room for them to fall further. I see mortgage rates dipping in the coming week.
Dan GreenDan Green
Waterstone Mortgage, author of TheMortgageReports.com, Cincinnati
Until there's a reason for rates to reverse, the near-term trend is lower.
Dick LepreDick Lepre
Senior loan officer, RPM Mortgage, San Francisco
I see a lower limit on the 10-year Treasury at somewhere between 2 percent and 2.1 percent, so we may have another 0.125 percent downside in mortgages. The most frustrating thing is that these opportunities rarely last more than two days. With the state of the economy being as bad as it is and more people realizing it, it is conceivable that we could see mortgage (rates) stay very low for longer than a couple of days. Probably just wishful thinking.
 
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