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Where are mortgage rates headed?

Low mortgage rates are going, going, up! There comes a time when you think low mortgage rates are going to last forever. And although they are still low, they have gone up 1% since April. That’s one reason buyer demand is still strong in many parts of the country.  No one knows exactly what will […]

How Much Money Do You Lose with Increasing Interest Rates?

Increasing Interest Rates Graph says:  As you know interest rates fluctuate all the time Although rates are very low and still remain that way you certainly don’t want to miss the lowest rate.   A good rule of thumb for refinancing is if you can save 1 point or more it’s worth the cost of the […]