Mortgage Rate Trend Index Up: July 19, 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
Branch manager, Alterra Home Loans, Silverdale, Washington
Rates are up about .625% in rate, year over year. The stock market is flourishing, especially in the NASDAQ. This trend looks to continue. Technical signals indicate that rates will continue to worsen. I would definitely lock in an interest rate as quickly as possible.
Greg McBride, CFA
Chief financial analyst, Bankrate.com
o bombshells expected from the Fed next week but there may be additional clarity on how soon the Fed will begin normalizing their balance sheet. All signs pointing to a September kickoff.
Vice president of capital markets, CMG Financial, San Ramon, California