Uh-oh...mortgage rates hit 10 month high!
by Kaushik Sirkar, Chandler AZ REALTOR
Chandler Arizona Real Estate
I'm sure most real estate professionals keep track of mortgage rates. I'm sure most folks considering the purchase of a home do the same. But, I'm also guessing some people (professional or consumer) have been remiss in keeping up. So I thought I'd post a little update.
This was posted today in money.cnn.com. Mortgage rates are now at a 10 month high with the 30 year fixed having passed 6.5%. One always says to not attempt to 'time the market' - if you find the right house for you and your family and the #'s work, consider that the #'s can get worse, even in a buyer's market such as this one (at least in AZ)!
Thanks for Reading :)
Kaushik Sirkar, Chandler AZ REALTOR
http://www.homesphx.com
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