Blogs Tagged: rates

Mortgage Rates May Have Hit Bottom

Posted On: Tuesday, January 4, 2011 - 4:29pm | Posted By:

Mortgage rates in 2010 were the lowest in six decades.  However, these ultra-low mortgage rates are vanishing.  Rates have been rising since November 2010, and the rate for 30-year fixed loans has crossed the 5 percent mark twice in three weeks.  Many experts are signaling the end to the 4 percent mortgage rate era.