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Alex Handley

RE/MAX Preferred Homes
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Farewell 3% Mortgage Rates

June 10th, 2013


You may have noticed that mortgage interest rates have been on the rise over this past month, and they continue to rise. This week, the average rate on a 30-year fixed-rate mortgage jumped another 10 percentage points to 3.91% and are up from 3.3% in early May, according to mortgage giant Freddie Mac.


Were you able to take advantage of record-low rates? If not, have you missed the boat?


Find out why mortgage interest rates will continue to rise at CNNMoney.com.


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Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®

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