mortgage

Mortgage Rate Trend Index

 
 

Will rates go up, down or remain unchanged?

Polyana da CostaPolyana da Costa
Mortgage reporter, Bankrate.com
President Barack Obama's Thursday jobs speech will probably help increase investors' confidence for a few days, and that could translate into slightly higher mortgage rates next week.
Dan GreenDan Green
Waterstone Mortgage, author of TheMortgageReports.com, Cincinnati
Government stimulus spurs equity markets at the expense of bonds. Mortgage rates rise.
David KuiperDavid Kuiper
Mortgage planner, First Place Bank, Holland, Mich.
With a little more perceived stability coming out of Europe, an improving domestic stock market, a big presidential speech this week and lenders reaching capacity, we've seen interest rates climb slightly off their record-low levels. Mortgage rates are still historically very low, making this a great time to take advantage of them. The prudent approach would be to make an informed decision and lock in to secure these low levels, as the market continues to be very volatile and impossible to time perfectly.
 
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