mortgage

Mortgage Rate Trend Index Unchanged: July 26, 2017

Will rates go up, down or remain unchanged?

  • Jim Burrington

    Jim Burrington

    Mortgage Loan Officer, Grande Financial, Maumee, OH

    Text

  • Dick Lepre

    Dick Lepre

    Senior loan officer, RPM Mortgage, San Francisco

    The techs offer no direction.  The daily is bullish (higher prices, lower yields) but the weekly is bearish. Apart from the techs, equity markets are acting as if all is well and that hurts Treasuries somewhat.

  • Logan Mohtashami

    Logan Mohtashami

    Senior loan officer, AMC Lending Group, Irvine, California

    Wednesday pricing on the 10-year yield before the Fed announcement is 2.32% We are swinging back and forth from 2.14% - 2.42% on the 10 year yield which is a lower channel than the previous one of 2.27% to 2.62% on the 10 year treasury yield. So, to break under 2.14% you need oil to break below 43% and that hasn't happened yet. Above 2.42% you need global yields to sell off more as inflation rate of growth is falling now in the U.S. 

  • Bob Moulton

    Bob Moulton

    President, Americana Mortgage Group, Manhasset, New York

    Rates are stable.

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Claes Bell

Mortgage rates in Los Angeles

See this week's average rates for the 30-year fixed-rate mortgage, 15-year fixed-rate mortgage, 5/1 ARM and 30-year jumbo mortgage in Los Angeles.  ... Read more

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