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Mortgage Rates Skyrocket & Impact Potential Home Buyers

Mortgage rates are rising and we don’t expect them to stay as low as they have historically been. When mortgage rates rise, the amount of the purchasing power decreases which means less home for your money. So if you are in the market to buy a home, now is the time. Read more on the mortgage rates:

 

Bankrate: Mortgage Rates Reach Highest Point in the Last Twelve Months (via PR Newswire)

Download image Bankrate, Inc. logo. (PRNewsFoto/Bankrate, Inc.) NEW YORK, May 30, 2013 /PRNewswire/ — Mortgage rates increased for a fourth consecutive week, with the benchmark 30-year fixed mortgage rate rising to 3.99 percent, according to Bankrate.com’s weekly national survey. The average 30-year…

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