Mortgage Rate Trend Index Unchanged: July 24, 2014
Will rates go up, down or remain unchanged?
Holden LewisAssistant managing editor, Bankrate.com
In the past two months, the 30-year fixed has remained between 4.28 percent and 4.34 percent in Bankrate's weekly survey. That is remarkably consistent, and it is by design. The Fed is comfortable with mortgage rates where they are. That will continue up to and after the upcoming monetary policy meeting.
Greg McBride, CFAChief financial analyst, Bankrate.com
Next week brings the first look at second-quarter GDP as well as a Fed meeting. Don't expect the Fed to deviate from the script about continuing to keep rates low.
Bob MoultonPresident, Americana Mortgage Group, Manhasset, New York
Rates are flat.
Brett SinnottDirector of secondary marketing, CMG Financial, San Ramon, California
Foreign tensions will continue to cause jitters and limit the effects of economic data releases. Earnings season is in full force and could have an impact on the Fed's outlook of the current economic condition.