Tag Archives | rates

Mortgage rates are on the rise!

If you are thinking about buying a home, now is the time to take advantage of historically low rates.  Total Mortgage Services just reported that, “over the past two weeks, mortgage rates have risen to levels last seen in early July. According to Freddie Mac’s Primary Mortgage Market Survey, the average rate on a 30-year fixed rate mortgage is […]

Mortgage Rates Lower After Weak Jobs Report

Mortgage News Daily has reported that mortgages rates moved convincingly lower this week following a weaker-than-expected Jobs report.  A conventional 30 year fixed rate is now in a transitional territory between 3.875% and 4.0%, with the latter still constituting the best bang for the buck. The Employment Situation Report showed a MUCH-weaker-than expected labor market with […]