mortgage

Mortgage Rate Trend Index Unchanged: May 21, 2015

Will rates go up, down or remain unchanged?

  • Dick Lepre

    Dick Lepre

    Senior loan officer, RPM Mortgage, San Francisco

    I am saying "flat" only because I have no idea where rates are going. The Treasury market has been volatile and unpredictable. No one has a decent handle on what the economy is doing.

  • Bob Moulton

    Bob Moulton

    President, Americana Mortgage Group, Manhasset, New York

    Rates are stable.

  • Brett Sinnott

    Brett Sinnott

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

    The market has attempted to wrangle itself free of the Fed by spiking bond yields several times over the past two weeks, but unfortunately the Fed is just too involved for any momentum to stick. Minimal economic news has led to stagnant markets and the only major headline seems to be that Greece is headed for a complete default at some point in the near future.

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