Let's Talk About Mortgage Interest Rates Again!
Mortgage Interest Rates
Well, interest rates increased to over 5% in December, 2010. Then they retreated to a little under 5% in January, 2011. Now, they are moving back up above 5% again. Refresh your memory with a review from my January 10th post.
First of all, mortgage rates at 5% are near historic lows. And yes, they may retreat again ...