Mortgage Rate Trend Index Down: Jan. 22, 2015

Will rates go up, down or remain unchanged?

  • Dick Lepre

    Dick Lepre

    Senior loan officer, RPM Mortgage, San Francisco

    The techs are bullish (higher prices, lower yields) and could send the 10-year Treasury yield to a record low. I am not suggesting it will happen in the next week, but I see a technical objective for the 10-year as being as low as 1.31 percent.

  • Greg McBride

    Greg McBride, CFA

    Chief financial analyst,

    Expected quantitative easing from the European Central Bank will keep downward pressure on bond yields and mortgage rates.

  • Shashank Shekhar

    Shashank Shekhar

    CEO, Arcus Lending Inc., San Jose, California

    Due to the lack of big economic news this week and the fact that last Friday (Jan. 16) saw a jump in mortgage rates, I expect the market to correct itself. The rates will mostly remain flat, but should go down by a small margin.

  • Brett Sinnott

    Brett Sinnott

    Director of secondary marketing, CMG Financial, San Ramon, California

    The 10-year continues its climb downward, which is causing rates to follow, although rates are not following as closely as they once did. Large moves on the 10-year used to translate to large moves in mortgage rates, but the recent trend has seen mortgage rates fall at a slower pace. The ECB is still stating that a quantitative easing move is looming, which will have an immediate effect on both rate and equities markets.


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