Mortgage Rates Continue To Rise.

[Emily Smith]

Hi,

Bond yields and mortgage rates have been influenced by a reviving economy and price pressure. Mortgage rates have been on the rise and will continue to follow similar patterns. Average 30-year Fixed Rate Mortgage registered an increase by seven basis points to close at 6.35%, while 5/1 ARM increased by two basis points to close at 6.20%.

Thanks and Regards
Rob Thomos