Today is Tuesday, the date I receive a weekly quote update from my friend Mickey Carlton, a mortgage specialist (you can learn more about him on my website: audreybutlerhomes.com).
This week, he says:
"Mortgage interest rates have been pushed higher by a combination of tension over the Iranian/British hostage issue, shortages in oil refinery capacity and last week's red-hot employment figures as released by the Labor Department. Borrowers are now paying 6.25% to 6.625% for thirty-year fixed rate mortgages without points. Specific rates are determined by loan size and the borrower's creditworthiness."
Thanks, Mickey!
No comments:
Post a Comment