Mortgage Rate Trend Index Up: Sept. 18, 2014
Will rates go up, down or remain unchanged?
Greg McBride, CFAChief financial analyst, Bankrate.com
As Fed bond-buying wraps up in October, the focus will shift to interest rate policy and the timing for rate hikes. The Fed must be careful not to startle the markets and see long-term rates move higher.
Bob MoultonPresident, Americana Mortgage Group, Manhasset, New York
Rates are trending up a little bit.
Brett SinnottDirector of secondary marketing, CMG Financial, San Ramon, California
Positive economic news will continue to keep investors cautious about a rate increase within the next six months, while foreign tensions have calmed. Quantitative easing winds down next month, leaving the Fed with less involvement. To this point it has had little effect on mortgage rates.