Sunday, November 22, 2009

Mortgage Rates Remain Low for Now

Mortgage rates may rise about .5% when the Fed stops buying mortgages soon. In the meantime, conventional and FHA mortgage rates continue to remain low.

The housing market is still being influenced by government stimulus programs like the purchase of mortgages, home buyer tax credit, modifications, and bailout funds. How much mortgage rates will change depends heavily on investors moving into the market as the Fed exits.

Compare Mortgage Rates

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