mortgage

Mortgage Rate Trend Index Up: Sept. 3, 2015

Will rates go up, down or remain unchanged?

  • Michael Becker

    Michael Becker

    Branch manager, Sierra Pacific Mortgage, White Marsh, Maryland

    Mortgage rates for the most part have been rising since last Monday's stock market sell-off. This despite mostly soft economic reports. The economic data should be supporting Treasury and bond yields, but I think that is being trumped by concern over an approaching rate hike by the Fed and the news that China and emerging markets have been selling U.S. Treasuries. August's job report is being released on Friday, and that has generally pushed rates higher, so that combined with the selling of Treasuries by foreign governments will push rates higher in the coming week.

  • Dick Lee

    Dick Lee

    President, Independent Mortgage, Newton, Massachusetts

    Mortgage rates will rise this week as the markets continue to find stability.

  • Logan Mohtashami

    Logan Mohtashami

    Senior loan officer, AMC Lending Group, Irvine, California

    10-year Treasury pricing 2.18%. Even with the market wild rides, we aren't anywhere near the low intraday print of 1.9% of 2 Mondays ago.

    The world has thrown everything it can to try to push yields lower, and it's been holding up well.

    The U.S. domestic story is the best in the world for a mature economy. :-) USA!

  • Crissinda Ponder

    Crissinda Ponder

    Mortgage reporter, Bankrate.com

    Rates will resume their general trend of moving higher.

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