Mortgage Interest Rates Tick Up
I wasn’t a Realtor when interest rates were in double digits and we’re a long way from that now but rates do matter. In January of 2010 a 30 year mortgage was quoted at 4.75% for a qualified …
How Do Rate Changes Affect Mortgage Payments
The Federal Reserve held interest rates today. What does that mean to a buyer? A 30 year loan at 6% interest costs $500 per month per $100,000 borrowed in interest. Add .25% and the payment goes up to …