Mortgage rates are highest in a year – May. 30, 2013

Mortgage rates have hit a high for the year.  30-year fixed rate mortgage is around 3.81% while a 15-year fixed rate mortgage is at 2.98.  No need to panic these rates are still extremely low. Eventually rates will need to climb as the economy improves. Make sure you work with a mortgage banker that will explain to you full details on what you are getting and make sure they answer all of your questions.

Mortgage rates are highest in a year – May. 30, 2013.

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