Interest Rates

May 15, 2010

Experts wrong as mortgage rates stay low

Back at the start of the year, there was widespread alarm in the media that mortgage interest rates were poised to rise steeply in early 2010. […]
July 11, 2009

30 Year Mortgage Rates Drop

After peaking at nearly 5.6% on June 11, the average 30 year fixed mortgage rate as tracked by Freddie Mac dropped to 5.2% in the succeeding […]
June 14, 2009

Rates Rise As Economy Improves

Interest rates generally fall when the economy falters and rise when economic expectations turn bullish.  With retail sales rising, the Fed announcing that the worst of […]