Mortgage Rate Trend Index Unchanged: Dec. 18, 2014

Will rates go up, down or remain unchanged?

  • Polyana da Costa

    Polyana da Costa

    Senior mortgage reporter,

    The Fed has kept its commitment to keep rates low. After the drop in rates this week, I don't expect much movement next week, especially with the holidays.

  • David Kuiper

    David Kuiper

    Vice president, Northpointe Bank, Holland, Michigan

    The big market news pending right now is the Fed monetary policy statement, but no big surprises are anticipated. Low inflation (lower oil and gas prices) equals low rates, and with mortgage interest rates currently at their low point for 2014 (and many months of 2013), now is an ideal time to take advantage of cheap money, whether it's time to buy, build or refinance. (Yes, there are still homeowners still paying way too much for their mortgage.)

  • Logan Mohtashami

    Logan Mohtashami

    Senior loan officer, AMC Lending Group, Irvine, California

    That 2.15 level for the 10-year Treasury that I talked about last week broke and we had a big move to 2.01 percent, and right now, Wednesday pricing is at 2.11 percent. Again we are in limbo land between 2 percent and 2.33 percent.

    A break under 2 percent can lead to 1.87 percent and then to 1.6 percent on the 10-year. The dollar and ruble are trading at 60 right now, so Russia might have stepped the collapse of the ruble. Oil is finding a short-term base. So, things are moving wild these days with such external factors.

  • Bob Moulton

    Bob Moulton

    President, Americana Mortgage Group, Manhasset, New York

    Rates are stable.

  • Shashank Shekhar

    Shashank Shekhar

    CEO, Arcus Lending Inc., San Jose, California

    It's a quiet week other than the weekly initial jobless claim report. Unless something unexpected comes along, I believe the rates will remain stable with very little change.


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