Mortgage Rate Trend Index Up: Sept. 21, 2016

Will rates go up, down or remain unchanged?

  • Dick Lepre

    Dick Lepre

    Senior loan officer, RPM Mortgage, San Francisco

    This is an unusual set of circumstances for the techs. The monthly downcrossed to bearish (lower prices, higher yields). The weekly is decidedly bearish. The daily appears to be about to upcross to bullish (higher prices, lower yields).


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