Mortgage rates ticked up from historic lows for the fourth week in a row as the bonds that finance most home loans continue to look overpriced to investors.
Some have speculated that the prospect of rising mortgage rates could spur homebuyers who have been sitting on the fence into action. But for now, mortgage rates are still well below historic norms, and there's speculation that the Federal Reserve could move as early as next week to keep long-term rates in check.
Here's what the rates look like as of today, September 17, 2012. If you or someone you know are interested in refinancing or buying ~ I am happy to refer you to several trusted loan officers for financing. And of course, if you are looking to sell your home or buy a new home, I can help you with that!
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