Interest rates up for the fourth straight week
That's right! The 30 year fixed rate loan is up to 5.84%. A sign of the times? Should you panic?
Hold on here. Bankrate.com reports that "Still, rates on 30-year mortgages are about three-eighths of a percentage point lower now than they were a year ago."
And, they are still below 6%!
To read more, go here.