mortgage

Mortgage Rate Trend Index Unchanged: Nov. 20, 2014

Will rates go up, down or remain unchanged?

  • Michael Becker

    Michael Becker

    Branch manager, Sierra Pacific Mortgage, White Marsh, Maryland

    Treasuries and mortgage-backed bonds have been trading in a tight range in recent days, leaving mortgage rates essentially unchanged. Unless the minutes from the latest Fed meeting surprise the markets, I expect that trend to continue. Mortgage rates will be flat in the coming week.

  • David Kuiper

    David Kuiper

    Vice president, Northpointe Bank, Holland, Michigan

    The mortgage interest rate environment remains very stable, with not much going on in the stock or bond markets. With no economic releases in the near term, and knowing that we don't want to hope for bad news (positive for interest rates), this is an ideal time to take advantage of the lowest level that interest rates have been at in 2014. Contact your local mortgage professional today to see what buying, building or refinancing might look like for you.

  • Dick J. Lee

    Dick J. Lee

    President, Independent Mortgage, Newton, Massachusetts

    Rates will remain the same. Stock volumes have slowed a bit after reaching all-time highs, while bonds have been resilient.

  • Dick Lepre

    Dick Lepre

    Senior loan officer, RPM Mortgage, San Francisco

    The daily tech of the 30-year Treasury future is near the end of a bullish (higher prices, lower yields) cycle, but the weekly remains bearish. Best hope is for flat rates in the coming week. I believe that we will see a 2 percent increase in the 10-year Treasury yield probably after the new year.

  • Holden Lewis

    Holden Lewis

    Assistant managing editor, Bankrate.com

    The week-to-week forecast is uncertain, so I'll predict little change in mortgage rates this week. But over the medium and long term? They're going up, my friend.

  • Logan Mohtashami

    Logan Mohtashami

    Senior loan officer, AMC Lending Group, Irvine, California

    Once again, not much action going on, with the 10-year note today 2.34 percent. Housing starts are still showing a rental recovery thesis and the VIX has come down from its recent peak to be a teenager once again.

    Again, watch out for any Polar Vortex II repeat for this winter. That could move yields. As for now, not much is going on until we can have a clean break over 2.4 percent.

  • Bob Moulton

    Bob Moulton

    President, Americana Mortgage Group, Manhasset, New York

    Rates are stable.

  • Jim Sahnger

    Jim Sahnger

    Mortgage planner, Schaffer Mortgage, Palm Beach Gardens, Florida

    I would say lower, but with the short week, there probably won't be a lot of action in the mortgage market the week of Thanksgiving.

    A report was recently released stating nearly 100,000 people in Florida are not taking advantage of lower interest rates and refinancing their mortgages. Give yourself a reason to be thankful and take a look if you can save on your mortgage before the year is up.

  • Brett Sinnott

    Brett Sinnott

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

    Mixed-bag economic news continues to help rates hold steady as we head into the holiday season. Positive domestic news is being outweighed by continued economic fears in Asia and Europe. The Fed minutes will be on the radar for all investors as the elimination of quantitative easing will have everyone concentrating on employment and inflation language.

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