mortgage

Mortgage Rate Trend Index Down: April 24, 2014

Will rates go up, down or remain unchanged?

  • Michael Becker

    Michael Becker

    Mortgage 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 Costa

    Polyana da Costa

    Senior 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.

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