Wednesday, November 17, 2010

Mortgage Rates Heading Higher

Mortgage Rates are .25% higher from last week at this time. This also translates that the same rate a week ago that you could have gotten for NO Points, now will probably cost you anywhere from .75% - 1% in fees. Something to keep in mind too, are that mortgage rates tend to go UP a lot faster than they go down - so they might stay up a bit for a while. I will be posting weekly rates for your convenience starting next week.

If you have any questions about financing, please don't hesitate to reach out to me. I'm happy to help you with all of your mortgage needs! Have a great rest of your day.