Mortgage rates up slighly for the first time in 11 weeks - But it still low now is the time to buy before we see further increases!
Freddie Mac released a market survey this morning, results are below. Please call or email any questions or comments. You can also learn about what drives mortgage rates and sign up for our daily/weekly - float/lock advisory by clicking here: http:/www.swf-mortgage101.com/DailyRateLockAdvisory
The 30-year fixed-rate mortgage rates averaged 5.12% with 0.7 point during the week compared to 4.96% with 0.7 point for the week ending January 15th.
The 15-year fixed-rate mortgage rates only slightly up.
Now is the time to buy, prices have bottom'd out and rates are still great!
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