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Mortgage Rate Trend Index

 
 

Will rates go up, down or remain unchanged?

Michael BeckerMichael Becker
Mortgage banker, WCS Funding Group, Lutherville, Md.
I think this Friday's nonfarm payroll report will show continued economic weakness and bring with it lower mortgage rates.
Dan GreenDan Green
Waterstone Mortgage, author of TheMortgageReports.com, Cincinnati
Wall Street starts planning for new Fed stimulus. For now, rates slide.
Barry HabibBarry Habib
CEO, Mortgage Market Guide, Holmdel, N.J.
Lower rates on lousy jobs report.
Dick LepreDick Lepre
Senior loan officer, RPM Mortgage, San Francisco
While the short-term (next week to 10 days) picture is less clear, I want to once again emphasize that a technical analysis of 30-year Treasury bond futures is calling for a significant bullish move, which would drive Treasury yields to historic lows.
 
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Mortgage Overnight Averages
Product Rate +/- Last week
30 yr fixed mtg
3.77% 3.60%
15 yr fixed mtg
2.88% 2.74%
5/1 ARM
2.66% 2.54%
30 yr fixed mtg refi
3.76% 3.58%
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