Tuesday, September 23, 2008

Mortgage Rates

Mortgage Rates

Last week mortgage rates were all over the place. They went really low 5.5% then went back up to 5.875%.

As of today bankrate is reporting that the average rate is 5.87% on 30 year mortgage rates.

Look for rates to head a bit higher this week but they might go lower if the market likes the bailout plan.

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