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Mortgage Rates Up

By
Real Estate Agent with Elite Home Sales Team OC BRE# 02066030

Mortgage Rates Up

I do find it interesting that the numbers you see below at 4.22 was from the this last weekend and they jumped up with the threat of a default on behalf of the Federal Government.  I hope they fall back.

The interest rates have picked up again on the fixed 30 year mortgage to 4.23 percent last week 4.22 percent.  I know that we are concerned with the movement of the market but that amall a change will not stop many from being able to afford a home. 

Often we are becoming panicked when there is an up tick increases.  Mortgages are very low at this time.  Have a great week and let it be prosperous.

- See more at: http://activerain.com/blogsview/4222026/mortgage-rates-up-again#sthash.3E0unksS.dpuf

Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

I think the mortgage rates will definetly come down over the next couple of weeks.

Oct 17, 2013 02:02 AM
Jill Winchel
Royal Shell Real Estate - The Koffman Group - Cape Coral, FL
We make it easy. You make it home.

Rates are still very good right now. I hope people aren't using the small movement up as a reason not to buy.

Oct 17, 2013 11:43 PM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

I agree Tim

 

Oct 18, 2013 01:26 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Jill

Small changes are not a problem only problem is how the the news carry the info.

Oct 18, 2013 01:29 AM