Category Archives: Mortgage Rates

Mortgage Rates Continue to Rise

Last week I did a post highlighting the rise in interest rates over the course of the previous 5 days. Well the trend has continued. The rate which had gone up from 4.17% ┬áto 4.51% in under five days is now up to 4.625%. The current rate includes one discount point (1% of the loan…

Interest Rates On The Rise

If you or someone you know is currently shopping for a home it just became less affordable since last week. During the week last week mortgage rates were as low as 4.17% for a 30 year fixed loan. As of today the mortgage rate has reached 4.5%, and seems to be climbing. The climb is…