Mortgage Rate Trend Index Down: Aug. 28, 2014
Will rates go up, down or remain unchanged?
Greg McBride, CFAChief financial analyst, Bankrate.com
Janet Yellen didn’t say anything startling that would push rates higher, so between now and the jobs report on September 5th, the coast is clear for mortgage rates to remain at these levels.
Dick LepreSenior loan officer, RPM Mortgage, San Francisco
The techs are pointing to lower Treasury yields. Any day now we could see the 2.25 percent (yield we have been calling for). This should take mortgage rates down 0.125 percent.