mortgage

Mortgage Rate Trend Index: Aug. 24, 2016

Will rates go up, down or remain unchanged?

Panel Prediction
UpDownUnchanged
25%0%75%

This week (Aug. 24-30), one-quarter of the panelists believe mortgage rates will rise over the next week or so; none think rates will fall; and three-quarters believe rates will remain relatively unchanged (plus or minus 2 basis points).

Click on the 3 tabs above to read the comments and rate predictions of mortgage experts and Bankrate analysts.

Calculate your monthly payment using Bankrate's mortgage calculator

About the Bankrate.com Rate Trend Index
Bankrate.com surveys experts in the mortgage field to see if they believe mortgage rates will rise, fall or remain relatively unchanged. The panel is comprised of mortgage bankers, mortgage brokers and other industry experts who provide residential first mortgages to consumers. Results from Bankrate.com's Mortgage Rate Trend Index will be released each Thursday.

How did Bankrate predictions fare last week?
DateUpDownUnchanged
Aug. 1725%0%75%
Results: 3.57%, up 1 basis point

advertisement

          Connect with us
advertisement
advertisement

Blog

Stephen Pounds

Existing home sales slump in July

Exist home sales fell for the first time since March and decreased year over year for the first time since November 2015, the NAR study shows.  ... Read more

advertisement

Connect with us