Sunday, June 01, 2008

Refinance: Mortgages Rates Rise

http://refinancemortgagenow.net/blog/?p=990 Interest rates for long-term mortgages rose this week to their highest levels since March, pushed up by the threat of inflation. The national average interest rate for 30-year, fixed-rate mortgages increased to 6.08 percent for the week ending Thursday, up from 5.98 percent the week before, according to mortgage financing company Freddie Mac.