Will rates rise or remain relatively unchanged? Experts and Bankrate analysts predict where mortgage rates are headed over the next week.This week (May 30-June 5), 40 percent of the panelists believe mortgage rates will rise over the next week or so, 40 percent think rates will fall, and 20 percent believe rates will remain relatively unchanged (+-2 basis points).
Sounds like a tie doesn't it. The word on the street is rates are going up, we just don't know how fast. Values are still going up and in some areas faster than others. Contact RooPho Realty for more information.
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