Today’s mortgage rates

[emily]

Rates on 30-year mortgages rose for a third straight week, striking the highest level in eight months and the30-year, fixed-rate mortgages averaged 6.42 percent and the rates on 15-year, fixed-rate mortgages, a well-liked choice for refinancing, rose to 6.12 percent this week, up from 6.06 percent last week.


Rates on Five-year, adjustable-rate mortgages averaged 6.19 percent, up from 6.02 percent and One-year, adjustable mortgages were the only category to show a decline, dipping to 5.57 percent from 5.64 percent last week.


Cheers
Samantha :cool:
mortgages_expo@yahoo.com (mortgages_expo@yahoo.com)
mortgages-expo.com

[OregonLO]

I've noticed the rates sliding upwards. I'm wondering if this is the same trend we saw last summer when rates climbed up to the 6.5% range and then fell back down the fall/winter time...I guess only time will tell. I'd say probably not since the subprime disaster...we'll see.

[dawnstar]

I can only see rates rising in the short to medium term:(

[OregonLO]

I agree...I don't see them going down soon...hopefully after the summer they will.

[Raymond B]

They dropped a half a point today. Finally! YEAH!!!:)

[power broker]

Since the subprime lenders are gone and the primary lenders are concentrating on fixing this mess that was made, With 80 20 loans being the only thing their entertaining right now, in do time the rates as well as the loan stipulations will change for the better to. We just have to be patient

[darsh999]

But i dont think that the rates are gonna fall any time soon ... it wud still take some time ....!!!

[rekon]

Hey!

I feel the rates will never come down.

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rescue-me-now.com

[securityonefinancial]

hahaha, I deal with the same s***, not locking in loans, rates on the rise... i'm hoping that they will go down soon... but it's probably just wishful thinking. but *God forbid* something like 9/11 happens and rates will go down like they did... that will probably by the quickest thing to drive down the interest rates.

securityonefinancial@gmail.com (http://www.securityonefinancial.com/)