Mortgage rates at rock-bottom. Time to lock?

Will rates rise or remain relatively unchanged? Experts and Bankrate analysts predict where mortgage rates are headed over the next week.

This week (June 7-13), 77 percent of the panelists believe mortgage rates will rise over the next week or so; none think rates will fall; and 23 percent believe rates will remain relatively unchanged (plus or minus 2 basis points).

Click on the three tabs above to read the comments and rate predictions of mortgage experts and Bankrate analysts.

About the Bankrate.com Rate Trend Index
Bankrate.com surveys experts in the mortgage field to see if they believe mortgage rates will rise, fall or remain relatively unchanged. The panel is comprised of mortgage bankers, mortgage brokers and other industry experts who provide residential first mortgages to consumers. Results from Bankrate.com’s Mortgage Rate Trend Index will be released each Thursday.

Article source: http://www.bankrate.com/news/rate-trends/mortgage.aspx

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