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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.

As a reminder:

1. The survey is for conforming loans only.
2. Send me email for personal purchase or refinance questions.
3. I send market updates a few times daily.  Get them on your mobile.

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

• 27% of participants predict rates will increase
• 53% of participants predict rates will decrease
• 20% of participants predict rates will remain unchanged

I am predicting that rates will remain unchanged 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:

"Rates will be volatile, but the medium-term trend is unchanged."

I don't think it's possible to understate just how quickly mortgage rates have moved lately.  If you've got no frame of reference:

• Think 1 month's worth of trading activity compressed into 1 day
• Think playing a 33 in 45
• Think taking a normal beat and giving to a weird guy in a hat

Mortgage rates are going from 0-to-crazy in less time than it takes Brett Myers to take a 10-pitch walk off CC Sabathia.

Over the next few months, mortgage rates will be all over the place.  Some days up, some day down, but overall unchanged.  To know what's happening now, get your near-real time market updates from me @mortgagereports on Twitter.

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