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Home Mortgage Rates Inched Up

By
Real Estate Agent with PDS Real Estate brk.2006004965

Some people are all concerned about the interest rates going up and it might hurt the housing market recovery. Interest rates have stabilized and by all indication theyman pulling a percent up a hill should remain about 5% for a while. Open this link on interest rates and the effect it doesn't have on the housing market

http://www.houselogic.com/news/articles/average-30-year-mortgage-rises-past-5/

PDS Real Estate provides real estate services in Franklin, Union, Delaware, Madison, Licking, and Fairfield counties. Our office number is 614-527-7724 or email Susan Buhr at susan@pds-realestate.com. To conduct your home search go to our web site www.pds-realestate.com

Pat Champion
John Roberts Realty - Eustis, FL
Call the "CHAMPION" for all your real estate needs

Yes the rates are inching up a little at a time one more good reason for buyer's to buy today while rates are still great.

Feb 21, 2011 03:44 AM
David Artigliere
Reading, Pottstown, Norristown, Philadelphia - Collegeville, PA
ARTI Home Inspections, ASHI Certified Home Inspect

Things still are so unsettled in this economy and housing market.  I'm hoping those rates inch up VERY slowly.

Feb 21, 2011 03:46 AM
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Yes, rates are inching up slowly. Buyers who are on the fence should jump in now before the arrival of Spring.

Feb 21, 2011 03:52 AM
Susan Buhr
PDS Real Estate - Blacklick, OH
Real Estate Agent

I hope the interest rates are slow moving too. Not sure if you all work with FHA home buyer's, the PMI is going up in April. So several good reasons why buyer's need to get off the fence.

Feb 21, 2011 09:28 AM