Fed rate cut brings lower credit card costs while mortgage relief lags

"My best guess is that mortgage rates will decline slightly, on balance, over the next year," Rossman said.Mortgage rates are influenced much more by how the 10-year Treasury is trading and investor expectations, Rossman said."Mortgage rates are the most interesting —and difficult — to predict," said Ted Rossman, senior industry analyst for Bankrate.com.Going forward, the trend for mortgage rates will depend on activity in the 10-year U.S. Treasury market, which serves as the benchmark for mortgages and oth ...