Mortgage Rate Trend Index Down: Feb. 22, 2017

Will rates go up, down or remain unchanged?

  • Dick Lepre

    Dick Lepre

    Senior loan officer, RPM Mortgage, San Francisco

    The daily tech is about to turn bullish (higher prices, lower yields and rates) while the weekly is also bullish. Look for slightly lower rates in the coming week.

  • Holden Lewis

    Holden Lewis

    Mortgage reporter,

    I just read the Federal Reserve's minutes of its last meeting. I get the impression that the monetary policymakers are looking for justifications to raise short-term interest rates. The iffy prospect of a rate hike at the Fed's meeting might send mortgage rates down. Look at history and you'll see that mortgage rates sometimes move in the opposite direction from the Fed's rate moves.


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