mortgage

Mortgage Rate Trend Index Unchanged: Feb. 26, 2015

Will rates go up, down or remain unchanged?

  • David Kuiper

    David Kuiper

    Vice president, Northpointe Bank, Holland, Michigan

    After a slight uptick in mortgage rates, we've seen things settle down and drift back down a bit. Continued "less than desirable" economic data, coupled with the Fed statement that it's not in a hurry to raise short-term interest rates, has led to a bit of a rally in the bond market, which is where mortgage interest rates are priced from. Interest rates remain very favorable, making this an ideal time to buy, build or refinance.

  • Logan Mohtashami

    Logan Mohtashami

    Senior loan officer, AMC Lending Group, Irvine, California

    Yellen came to help yields! Yield broke that key 2 percent line, and if we get follow-through from a 1.98 percent level, we can see yields head lower. If we do get this lower yield action, then look for the 10-year Treasury to get to 1.87 percent.

  • Bob Moulton

    Bob Moulton

    President, Americana Mortgage Group, Manhasset, New York

    Rates are flat.

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