Mortgage Rate Trend Index Up: Aug. 16, 2017
Will rates go up, down or remain unchanged?
Former Dallas Fed chief economist, founding director of SMU's O'Neil Center for Global Markets & Freedom
Inflation has been rising a little and GDP growth has picked up as well. The faster GDP growth increases loan demand and the higher inflation prompts higher interest rates to compensate investors for depreciation in the value of money.
Senior loan officer, RPM Mortgage, San Francisco
The daily tech is decidedly bearish (lower prices, higher yields) while the weekly is mildly bearish. We should see modestly higher Treasury yields and home loan rates in the coming week.
Greg McBride, CFA
Senior vice president and chief financial analyst, Bankrate.com
With a better tone in recent economic data and the Fed getting ready to start shrinking the balance sheet, we'll see some upward pressure on rates.
President and Chief Economist, Naroff Economic Advisors, Holland, PA
Rise. Still recovering from the N. Korea issue.