mortgage

Mortgage Rate Trend Index Up: July 27, 2016

Will rates go up, down or remain unchanged?

  • Dick Lepre

    Dick Lepre

    Senior loan officer, RPM Mortgage, San Francisco

    The daily and weekly techs of the 30-year Treasury future are bearish (lower prices, higher yields.) Slightly higher rates for several weeks.

  • Greg McBride, CFA

    Greg McBride, CFA

    Chief financial analyst, Bankrate.com

    Mortgage rates will continue slowly clawing back the post-Brexit decline, especially with the Federal Reserve's upbeat economic assessment. The Fed added these descriptions of the economy in the most recent statement: "strengthened," "strong," "increase," and "growing strongly," all of which indicate a September rate hike is on the table.

  • Katy Parsons

    Katy Parsons

    Mortgage originator, Finance of America Mortgage, Portland, Oregon

    Move up a smidge.

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