The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages increased last week to 5.48%, up from 5.25% the week prior... Thats almost 3/4% pts higher than in mid May! Is this the market or supply and demand? A little of both. Like the cost of gasoline that seams to always go up just when we are about to embark on summer vacation travels, so goes interest rates.

http://www.zillow.com/Mortgage_Rates/

http://rismedia.com/2009-06-09/mortgage-rates-rise-for-second-straight-week/

National Rate

Bart Foster, Realtor
ERA The Norton Group
http://bartsells.com

 
This post has been included in Massachusetts Information

0 Comments on Where gas prices go, so do interest rates.... least during mid summer

Leave a response…

(optional)
What does the graphic say?
 
Rainmaker_large

Bart Foster; Real Estate Consultant Realtor®, ePro®, SRES®

Boston, MA

More about me…

ERA The Norton Group

Address: 699 Broadway, Somerville, MA, 02144

Cell Phone: (617) 230-2370

Email Me



Links

Archives

RSS 2.0 Feed for this blog

Find MA real estate agents and Boston real estate on ActiveRain.