Mortgage Rates Hit Three Year Highs After months
Mortgage Rates Hit Three Year Highs After months of apparent indecisiveness, mortgages rates seem to have decided on a direction and are heading toward it. Unfortunately that direction is up! Both of the mortgage market surveys we track reported rates at their highest levels since mid-2002 and in one case since 2001.
Rate increases seem natural given the market and where it's headed.
Labels: mortagerate, mortgagerates