mortgage

Mortgage Rate Trend Index Unchanged: Aug. 27, 2015

Will rates go up, down or remain unchanged?

  • Michael Becker

    Michael Becker

    Branch manager, Sierra Pacific Mortgage, White Marsh, Maryland

    Volatility in stock markets is showing up in bond markets as well, although in a somewhat lesser degree. When stocks sold off in dramatic fashion on last Friday and this Monday, Treasury yields and mortgage rates improved, but only slightly. When stocks found a floor after their sell-off, we saw a small spike in rates. I believe this volatility will continue as markets try to discern whether the Fed will hold off raising rates until global stock markets calm down. I would recommend locking your loan any time pricing improves, since it seems likely that this volatility will continue. I expect mortgage rates to go up and down over the next week, but overall they will be flat in the coming week.

  • Holden Lewis

    Holden Lewis

    Assistant managing editor, Bankrate.com

    Day-to-day volatility could end up with little change in rates a week from now.

  • Bob Moulton

    Bob Moulton

    President, Americana Mortgage Group, Manhasset, New York

    Rates are stable.

  • Crissinda Ponder

    Crissinda Ponder

    Mortgage reporter, Bankrate.com

    Mortgage rates will hold steady.

See current mortgage interest rates and the latest mortgage analysis.

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
MORTGAGE & REAL ESTATE NEWSLETTER

Timely market news and advice for consumers ready to buy, sell or invest in real estate. Delivered weekly.

Blog

Crissinda Ponder

New home sales move upward

Sales of new single-family homes are up more than 5% from June 2015 and more than 25% from July 2014, according to new data from the federal government.  ... Read more

advertisement
Partner Center
advertisement

Connect with us