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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.

Note: the survey only covers conforming loans.  If you are a jumbo, Alt-A, or sub-prime mortgage holder, the survey is not for you.  If that's the case, email or call me and we can talk about the specifics of your situation.

Anyway, on to the group's predictions for the next 30-45 days:

• 31% of participants predict rates will increase 
• 38% of participants predict rates will decrease
• 31% of participants predict rates will remain unchanged

I am predicting that rates will increase 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:

"Little-watched corners of the market are signaling that the other shoe is about to drop for collateralized debt obligations. As mortgage bonds get more risky, mortgage rates go up."

Thank you, Noah, for reminding me how deep the list of mortgage rate influencers really is.  ABX is an interesting mathematical commentary.

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 floating your mortgage by not locking.

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