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,

    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,

    Mortgage rates will hold steady.

See current mortgage interest rates and the latest mortgage analysis.


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