Mortgage Rate Trend Index Unchanged: Nov. 25, 2015
Will rates go up, down or remain unchanged?
Vice president, Northpointe Bank, Holland, Michigan
With a holiday-shortened trading week and not a lot of pending economic data being released in the coming week, I would expect mortgage interest rates to remain stable. Usually, negative news leads to interest rate improvement, but despite increased terrorism events/threats, weak consumer confidence figures and lower stock prices, we've not seen that this week. Interest rates remain very favorable, making this a great time to contact your local mortgage professional to explore ways that you might take opportunity of this rate environment, whether you're looking to build, buy or refinance. Best wishes for a wonderful Thanksgiving holiday weekend!
President, Independent Mortgage, Newton, Massachusetts
Look for rates to remain stable for the rest of this week as we celebrate Thanksgiving in a short trading week.
President, Americana Mortgage Group, Manhasset, New York
Rates are stable.
Mortgage reporter, Bankrate.com
Mortgage rates will hover near their current levels.
Mortgage planner, Schaffer Mortgage, Palm Beach Gardens, Florida
Continued uncertainty in stock and bond markets and geopolitical concerns should keep rates rangebound.
CEO, Arcus Lending Inc., San Jose, California
It's a short week because of Thanksgiving and there are not too many market-moving economic reports. Market seems to be moving to a neutral phase this week, not bearish for the near term, but not positive either. Mortgage rates should remain largely unchanged.
Vice president of capital markets, CMG Financial, San Ramon, California
With the holiday this week and early close on Friday, markets will look to take a breather as we head into December and the possible rate hike that the Fed continues to highlight. The conflict in Syria continues to grow worse and will more than likely move to the front of headlines as economic news continues to remain a mixed bag of results. The first week of December will be extremely important, as an overall global outlook will be what the Fed evaluates as its deadline for a 2015 rate change looms in the immediate future.
See current mortgage interest rates and the latest mortgage analysis.