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I am a regular participant in the Bankrate.com Mortgage Rate Trend survey and this week's survey is now available.

• 45% of participants predict rates will increase 
• 18% of participants predict rates will decrease
• 37% of participants predict rates will remain unchanged

I am predicting that rates will decrease over the next 30 days, but that doesn't mean you should necessarily follow my advice when choosing whether to lock a rate, or float it.  My advice may not be appropriate for your individual situation.

From the Bankrate.com survey:

"We've all overreacted at some point in our lives; traders are no different. The reversing of their bets will edge mortgage rates lower."

If you are shopping for mortgages, I always recommend that you lock your rate as soon as possible. There is too much downside risk to not locking.

Dan Green is an active loan officer. Email or call 513-443-2020. Dan is on Twitter at @mortgagereports.