Mortgage Rate Trend Index Up: May 21, 2015
Will rates go up, down or remain unchanged?
Assistant managing editor, Bankrate.com
Interest rates have upward momentum at the moment.
Greg McBride, CFA
Chief financial analyst, Bankrate.com
The Fed's data dependency doesn't make it clear when the Fed will start to raise rates, but it also doesn't make it clear that they won't. So the yo-yoing of rates will continue, but with an upward bias.
Senior loan officer, AMC Lending Group, Irvine, California
Higher, if we close over 2.29 percent on 10's with follow-through. We have had three aggressive tries to break through the key channel on 10's that can take us higher. However, no solid breakout action of yet. Close over 2.29 percent with next day-follow-through, and the game is on. However, this hasn't occurred as of yet.