Bankrate’s mortgage experts come from all areas of the mortgage industry, they include economists, loan officers, presidents of financial institutions and more. Our experts lend valuable insight and analysis each week. They examine today’s news and weigh it against historical trends to come up with their weekly mortgage rate forecast. Hi guys! Welcome back to Bankrate’s weekly expert poll for mortgage rate predictions. This is where we ask financial experts around the country to give us their predictions for next week’s mortgage rates. Our experts use a variety of factors to come up with their predictions, from historic trends to what’s happening in today’s news.
According to Bankrate’s latest national survey of mortgage lenders, today’s interest rate for a 30-year fixed-rate mortgage dropped 3 basis points this week to 3.55 percent.
Our experts gave us their predictions on whether rates will rise, fall or stay flat next week.
And here are the results…
10 percent of our experts think rates will go up
45 percent of our experts predict a drop in rates
45 percent of experts predict that rates will stay the same
Thanks so much for watching. Come back next week for a new set of mortgage rate predictions.
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