200 Years of Mortgage Rates

February 13, 2013

200 Years of Mortgage Rates

February 13, 2013

The chart below explains what people mean by “historically low interest rates.” There have only ever been a few dips in the past 200 years that have been much lower than where we are hovering today, around 3.43% for a 30-year fixed. The real question is, where will they go from here? For planning purposes,

Read More
December 11, 2012

Interest Rates December 10th

December 11, 2012

What have rates been doing? Since previous business day: unchanged Since previous week: unchanged Since previous month: down From the trading floor: Monday’s bond market has opened in positive territory as traders prepare for the week ahead of us. The stock markets are showing minor gains with the Dow up 18 points and the Nasdaq

Read More