Mortgage Rates: Money and Loan Information

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Mortgage Rates News:

Mortgage rates are still low. Refinance now and save.

Mortgage Rates Article

Mortgage rates, although not at their lowest levels, are still extremely attractive according to historical standards. Rates were lower only once before, and that was 40 years ago. Even if the economy were not to grow much for several years like Japan, rates are not expected to go any lower. So, if you are thinking of refinancing, and have not done it for several years, now is the time!

Mortgage rates go up and down, usually on par with the Federal Reserve's interest rate. If the FED is raising rates, you can bet that mortgage rates will go up too. However, mortgage rates are heavily influenced by inflation. If inflation is increasing, mortgage rates will increase too. If the economy looks to be improving and growth is imminent, then mortgage rates will likely rise also. There are economics courses that focus on mortgage rates as it can be a very complex topic.

Lock in a Low Rate Now

Interest rates are at a 40 year low - get your quote here from a member of the BBB.