Find Real Estate Agents and Homes for Sale


Real Estate News --> Missouri News

Portable Storage Shed Builder in MO Launches New Website


When Curvin moved to Ellsinore, MO, he saw an opportunity for locally built storage sheds that could be used as a car garages, portable cabins and tiny homes or storage space. "Most of the storage sheds coming into Missouri are shipped in from surrounding ...


Archived Story

Will rates rise or remain relatively unchanged? Experts and Bankrate analysts predict where mortgage rates are headed over the next week. This week (March 31-April 6), 59 percent of the panelists believe mortgage rates will rise over the next week or so; just 6 percent think rates will fall; and 35 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.Bankrate.com surveys experts in the banking and mortgage fields to see if they believe certificate of deposit and mortgage rates will rise, fall or remain relatively unchangedFor the deposit index, the panel comprises banks, thrifts and credit unions that directly offer FDIC-insured certificates of deposit to the end consumerFor the mortgage index, the panel comprises mortgage bankers, mortgage brokers and other industry experts who provide residential first mortgages to consumersResults from Bankrate.com’s CD Rate Trend Index will be released monthlyResults from Bankrate.com’s Mortgage Rate Trend Index will be released each Thursday.     Will rates go up, down or remain unchanged? Introduction Up 59% Down 6% Unchanged 35% Greg McBrideCFA, Senior financial analyst, Bankrate.com Everything hinges on Friday’s employment report, so unless it disappoints notably, mortgage rates will drift higher. Michael BeckerMortgage banker, Happy Mortgage, Lutherville, Md. Markets seem to be discounting any bad economic news, while latching on to any positive newsIn this environment, the stock market rallies and bonds sell off, sending interest rates higherI see that trend continuing in the coming weekLook for mortgage rates to be higher in the coming week. Kevin BreelandGeneral manager, Residential Mortgage of South Carolina, Mount Pleasant, S.C. Continued pressures abroad and the fear of inflation, food and energy costs, as the driver, will create an atmosphere that will push rates higherI would suggest to lockRates are rising. Derek EgebergCertified Mortgage Planning Specialist and branch manager, Academy Mortgage, Yuma, Ariz. Following the three-month trend, rates are continuing to inch higher. Cameron FindlayChief economist, LendingTree.com, Charlotte, N.C. Access to consumer credit and the cost of borrowing will become more expensive given the release of the proposed QRM (qualified residential mortgage) definitionLending will become more difficult due to the higher hurdle to qualify for a mortgage (a minimum down payment of 20 percent purchase loans); while rates will move higher due to the forced injection of private labels back into the marketThe joint interagency decision to adopt a narrow QRM definition will benefit too-big-to-fail banks but will be detrimental to the overall mortgage market and thus further exacerbate home price declines. Dan GreenWaterstone Mortgage, author of TheMortgageReports.com, Cincinnati Greed replaces fear on Wall Street this weekMortgage bonds sufferMortgage rates up. Barry HabibCEO, Mortgage Market Guide, Holmdel, N.J. Stronger jobs numbers will result in higher rates. Dick LepreSenior loan officer, RPM Mortgage, San Francisco The stochastic technical is indicating slight upward pressure on Treasury yields for this periodThis should not be a large move and will likely quickly correct. Rebecca RMadejMortgage consultant, Cunningham & Company Mortgage Bankers, Charlotte, N.C. Threats of inflation are putting pressure on bonds, and rates will rise. John WalshPresident, Total Mortgage Services, Milford, Conn. Rates are likely to increase in the coming week.     Will rates go up, down or remain unchanged? Introduction Up 59% Down 6% Unchanged 35% Holden LewisAssistant managing editor, Bankrate.com Rising oil prices and falling house prices make a nasty combination that resists economic recoveryIf consumer spending stalls, and if the federal government shuts down, rates will fall as the economy faltersEven though I expect mortgage rates to fall, I think it’s wise to lock your rate when you can.     Will rates go up, down or remain unchanged? Introduction Up 59% Down 6% Unchanged 35% Chris KarageorgeSenior home loan adviser, Universal American Mortgage Company, Wayzata, Minn. I expect rates to remain relatively unchanged this week. David KuiperMortgage planner, First Place Bank, Holland, Mich. Mortgage interest rates continue to trade in a very narrow range of about 0.25 percentIntraday volatility remains high, as new data and events are constantly upon usWith pending inflation and economic uncertainty, it remains prudent to lock in at today’s very favorable ratesConsult your local mortgage professional to see how you can build, buy or refinance and take advantage of these rates, which remain near all-time lows. Bob MoultonPresident, Americana Mortgage Group, Manhasset, N.Y. Rates are flat. Jim SahngerMortgage consultant, Palm Beach Financial Network, Stuart, Fla. There are a multitude of reasons why rates should be stable or heading lowerAll that said, rates have inched up since mid-MarchI think we could see rates move a little lower in the short term, but if the labor report comes in at or above expectations, rates will riseThe push and pull should leave rates range-bound.   Related Links: Some new homes boast low mortgage rates What is mortgage recasting and why do it? Pay for divorce with cash-out refinancing Related Articles: Rates tumble to 2011 low Rate Trend Index Interest Rate Roundup You may also like 7 crucial facts about FHA loans Mortgages that require no down payment Foreclosed homes -- 5 tips for buying Can seller back out of home sale contract? 9 grants and programs to help you buy your first home 5 first-time homebuyer mistakes to avoid Related Articles How to get rid of PMI - private mortgage insurance These mortgages pay for home renovations Pay off mortgage early: 4 ways to do it How do home construction loans work? Land loans: What you should know About Us Press Room Affiliate Center Contact Us Careers Advertise With Us Latest News Popular Topics Glossary Compare Rates Understand Bankrate's Averages Privacy Policy / Your California Privacy Rights Terms of Use Licenses Sitemap How we make money Bankrate.com is an independent, advertising-supported publisher and comparison serviceBankrate is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this websiteThis compensation may impact how, where and in what order products appearBankrate.com does not include all companies or all available products

Trending Missouri News:


  • US home construction fell in November after October surge
  • Joplin MO. Market Reports
  • Radioactively Contaminated Homes Would Be Bought Out Under New Bill
  • Missouri Task Force 1 rescuing residents in Houston area
  • These Are the Lewdest-Sounding Towns in Missouri
  • Trees Damage Homes in Chadwick, MO Area
  • Venture capital firms launched funds totaling over $700 million in 2016
  • Wyaconda man now president of Missouri Independent Bankers Association
  • White Cloud Cemetery Chapel - near Millersburg, MO - Cemetery Chapels on Waymarking.com
  • Another chief pleads guilty in Greenleaf case
  • Missouri : Real Estate Advice
  • Anti-gay, anti-Muslim mailers distributed to Ballwin homes
  • Missouri a destination wedding spot — for 15-year-old brides
  • Hotels In Missouri City Texas 77489
  • CPO to Partner With Real Estate & Other Industries to Fight Opioid Abuse
  • Berg: Where have all the new homes gone?
  • Naked weirdos storm town barking like dogs, breaking into homes and soaking themselves in water, baffling cops
  • 2 more deaths blamed on flooding in Missouri, raising total to 5
  • All eyes on real estate in S&P stock launch
  • 150-MPH tornado damages hundreds of homes in Oak Grove, Missouri