Mortgage Rate Trend Index Down: April 24, 2014
Will rates go up, down or remain unchanged?
Michael BeckerMortgage banker, WCS Funding Group, Baltimore
The latest new homes sales number came in much lower than expected. This weakness will translate into lower bond yields and lower mortgage rates in the coming week.
Polyana da CostaSenior mortgage reporter, Bankrate.com
Rates have been seesawing all over the place. Since they are going up a little this week, I think they will adjust back down next week, especially after the weak housing numbers we saw this week.