Mortgage Rate Trend Index


Will rates go up, down or remain unchanged?

Holden LewisHolden Lewis
Assistant managing editor,
How low can they go? I don't know. Lower, though.
Greg McBrideGreg McBride, CFA
Senior financial analyst,
Recession worries have been stoked further by the lousy employment report, meaning more new lows on mortgage rates.
Dick LepreDick Lepre
Senior loan officer, RPM Mortgage, San Francisco
We are in the Delta Quadrant, the Twilight Zone or whatever expression is currently hip. With the 10-year yield closing below 2 percent and the techs showing a line to 1.5 percent (I find it hard to believe that we will get to 1.5 percent but accept that we will get to 1.75 percent), the question will be just how valuable mortgage debt will seem relative to Treasuries. With Fannie Mae/Freddie Mac debt backed by the Treasury, we should see a dip in mortgage rates. It seems everyone has lost confidence in the economy and in the ability of either fiscal or monetary policy to affect it. The fact is we have not yet recovered from the mortgage mess. The consumer is overleveraged, unemployed or both.

Show Bankrate's community sharing policy
          Connect with us

Timely market news and advice for consumers ready to buy, sell or invest in real estate. Delivered weekly.


Jean Chatzky

Jean Chatzky: Buy a home now?

Whether you're talking interest rates, PMI or new down payment requirements, 2015 may be the last best year to buy. Here’s how to do it right.  ... Read more

Partner Center

Connect with us