Mortgage Interest Rates are going up, but why?

December 26th, 2010
In the last 6 weeks, to the horror of many, mortgage rates have been steadily rising. In the last week rates reached the 5% mark for a 30 year fixed loan. Many people fear that if the trend continues it could derail the recovery in housing and in a worst case scenario push the economy into a deeper recession. Read more (…)







