mortgage

Mortgage Rate Trend Index Up: Jan. 29, 2015

Will rates go up, down or remain unchanged?

  • Greg McBride

    Greg McBride, CFA

    Chief financial analyst, Bankrate.com

    The eventuality of a Fed rate hike will lead to a slight uptick in rates this week before the focus reverts back to the broader global economy.

  • Shashank Shekhar

    Shashank Shekhar

    CEO, Arcus Lending Inc., San Jose, California

    Two big news events that are lined up this week could have a major impact on the rates: Fed meeting announcement and GDP numbers. A strong GDP growth will send the mortgage-backed securities yield lower, pushing the mortgage rates higher.

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