Mortgage Interest Rates

By
Real Estate Agent with SC Beach Real Estate (SC) Sandra Keller - Realtor (NC)

If you have been watching mortgage interest rates you have noticed they are going up.  Today most 30-year fixed rates are heading above 5% so if you have been sitting on the fence unsure if it is time to buy real estate and obtain a mortgage you may want to make the plunge now.

From Bankrate.com - Mortgage Rate Averages for a 30 year fixed this week 5.06% last week 4.84%

 

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Rainmaker
244,350
Kristi DeFazio
RE/MAX Advantage - Colorado Springs, CO
Colorado Springs Rea lEstate 719-459-5468

I did f

notice they went up just from a week ago. Buyers are use to hearing below 5%. They are still historically great.

Feb 10, 2011 03:55 PM #1
Rainmaker
142,410
Suzanne Taylor
361-510-5413 http://www.CorpusChristiHomeFinderOnline.com - Corpus Christi, TX
Home Sales In Corpus Christi, TX

Sandy, perhaps this small raise will get those buyers sitting on the fence to finally take the leap.

Feb 10, 2011 04:11 PM #2
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Rainmaker
61,990

Sandy Keller Lovelace

Myrtle Beach Real Estate
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