I told you this would happen….
Mortgage Rates Continue to Climb upwards after reaching record lows. The 30-year fixed mortgage rate rose to 4.8 percent from 4.74 percent the previous week. The average on 15-year mortgage rates also rose slightly from 4.05 percent to 4.09 percent for the week. Still great rates, but this means it costs more this week to own the same house over last week. Oh yeah, remember when rates were at 3.5% and we all sat around waiting for it to hit bottom? It did!
\nBy: on January 28th, 2011 Category: Uncategorized