Mortgage Interest Rates Goes Above 6% For The First Since 2008

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In: Mortgage News

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The most popular mortgages in the United States now have an average interest rate above 6%, the first time since 2008 that number has been exceeded. According to data from the Mortgage Bankers Association (MBA), average interest rates have doubledContinue Reading

The Mortgage Rates Climb Higher In New Year

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In: Mortgage News

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For the past 2 weeks, the mortgage rates had been slowly climbing higher. On 3rd January some lenders, experienced this because of heavy selling in the bond market as primarily the mortgage rates are based on bonds. Today these lendersContinue Reading