Mortgage Rate Index

Bankrate.com's weekly Mortgage Rate Index shows what their panel of experts predict for mortgage rates.

For the week of August 4 through August 10th, 66% of Bankrate.com's panel think interest rates will rise over the next 35 to 45 days. The experts all believe that the rise in short-term rates is now starting to have the effect on rising long-term rates. This is a great web site to bookmark and keep track of mortgage rates, as this will be one of the key indicators of whether or not our housing market begins to slow down.

Go to BankRate.com for more information.