50 Year lows on interest rates have begun to rise and most predict that's just the way it's going to be. According to Freddie Mac's weekly mortgage market survey, average 30-year fixed rates are up to 4.86% from 4.17%. Bankrate.com has the average at 5.02%, crossing the 5% mark for the second time in 3 weeks. Rates haven't been this high since May and most industry experts expect them to remain in the 5%-6% range for the rest of the year. This can be good news for any clients that have been walking the line the last few weeks (2 comments)
Related Links:
Nick Dailey
RE/MAX: Northern Kentucky Real Estate - NKY MLS -...