Mortgage Rates Soar from 6.24 to 6.37 Percent For 30 Year Mortgage
Rates soared to levels not seen in 18 months this week as the 30 year mortgage rose to 6.37 percent. The raise is attributed to 3rd quarter growth in the economy and expectations that the Federal Reserve will be planning a rate hike at their next meeting.
The average 15-year fixed mortgage rate jumped as well, rising from 5.79 percent to 5.91 percent, while the average jumbo 30-year fixed rate climbed to 6.54 percent from 6.41 percent last week. Adjustable rate mortgages
followed suit, with the average 5/1 adjustable rate mortgage notching higher from 5.82 percent to 5.9 percent, while the average one-year ARM bounded higher from 5.21 percent to 5.35 percent.
It looks like the climb in mortgage rates will feed the media’s hype of the Bubble, and create a self fulfilling prophecy.
I truly feel that the real estate market will not see a rise or increase until the national economy starts ...
I am currently sitting on an international hedge fund that is investing 100% of an income generating property. Proof ...
Here is one from last week claiming thier son died. Sick.
Good Day,
Please excuse my late reply but I couldn't respond ...
I received the same "Lagos,Nigeria for an international Christian follower’s crusade" email as the post above for a rental place ...
FINALLY, someone agrees with me about the constant traffic problems in the DC metro area. The main problem...archaic freeways and ...
would also be interested in buying houses please contact me thank you ..richard 
I do a lot of BPOs and REOs as a real estate agent. Doing quite well for myself. I shifted ...
I received this response today...
Hello
I can see you are interested in renting the ...
I need the picture of beautiful small house in asia/gulf style like pakistan india.bagladesh and u.a.e
please provide me the best ...
It's been a long that I have not visited your blog and I think I am not up to date. ...
