Mortgage Rate Trend Survey

Mortgage Rate Trend Survey
Monday, Jun 2, 2008

The Mortgage Rate Trend Survey summarizes where mortgage professionals think mortgage rates are headed in the future. To conduct this survey, Mortgage-X asks more than 250 experts in the mortgage field each Monday about their expectations for the mortgage market.

Over the next 30 days: Over the next 90 days: rates will rise significantly: 3.4% rates will rise significantly: 3.4% rates will rise slightly: 31.0% rates will rise slightly: 41.4% rates will remain unchanged: 44.8% rates will remain unchanged: 31.0% rates will decline slightly: 20.7% rates will decline slightly: 24.1% rates will decline significantly: 0.0% rates will decline significantly: 0.0%

Currently, about 45% of the participating mortgage professionals believe mortgage rates will remain unchanged over the next 30 days and 41% believe mortgage rates will rise slightly over the next 90 days. My Vote in The Weekly Survey Elite Mortgage Solutions, Inc. Vote: () () Over the next 30 days rates will rise slightly; over the next 90 days rates will rise slightly. Comment by Shannon Luscher: For the most part, I expect to see rates staying range-bound with a slight upward tick.