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Expert poll: Mortgage rate trend predictions for November 23-29

Nov. 22, 2022
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Mortgage experts predict that rates will go down in the coming week (November 23-29). In response to Bankrate's weekly poll, about 17 percent say rates are going up, 0 percent say rates are going down and 83 percent say rates will remain the same. Calculate your monthly payment using Bankrate's mortgage calculator.

Rate Trend Index

Experts predict where mortgage rates are headed

Week of Nov. 23-29

Experts say rates will...

Go up 17%
Stay the same 83%
Go down 0%
Percentages might not equal 100 due to rounding.

The lull of a shortened week means not much change in rates.

— Greg McBride, CFA Bankrate

17% say rates will go up

Joel Naroff photo

Joel Naroff

President and chief economist, Naroff Economic Advisors , Holland , Pennsylvania

Up. Too much of a correction.

0% say rates will go down

83% say unchanged

Greg McBride photo

Greg McBride

CFA, chief financial analyst,

Unchanged. The lull of a holiday-shortened week means not much change in rates.

Ken H. Johnson photo

Ken H. Johnson

Real estate economist, Florida Atlantic University

Long-term mortgage rates have been trending down since the first part of November. However, 10-year Treasury yields have been holding steady for the last week. Putting the two together should lead to a week of stable mortgage rates. Next week, long-term mortgage rates should remain unchanged.

Les  Parker photo

Les Parker

CMB, managing director, Transformational Mortgage Solutions , Jacksonville , Florida

Mortgage rates will hold steady. Here's a parody based on the 1974 Morris Albert hit, "Feelings: "Feelings, nothing more than feelings/Trying to forget existing home sales loss." Be thankful for Thanksgiving week and mechanical trading.

Dick Lepre photo

Dick Lepre

Loan agent, CrossCountry Mortgage , Alamo , CA

Trend: Flat. Little should happen the week of Thanksgiving, but a thinned market could see movement because the number of people trading is small. What is impressive is that the lower rates triggered by CPI have persisted.

Michael Becker photo

Michael Becker

Branch manager, Sierra Pacific Mortgage , White Marsh , Maryland

There’s a lack of economic data being released this week that could move bond markets. And with low trading volume traditionally associated with the week of Thanksgiving, I don’t expect bond markets to move much this week. So mortgage rates will be flat in the coming week.