Interest rates have increased slightly...
The 30 year fixed average is 5.625%. This market has been very volatile and on a roller coaster ride since the Fed finally admitted, we are in a recession. You will continue to see Wall Street try to fight back against the weakening dollar and cut in consumer spending. These occasional push backs from them will cause interest rates to rise and fall every day but rates should hover around 5.750% and not go over this anytime soon.
As always, if you or anyone you know is looking to refinance or make a move, give me a call at 303-931-9944. Take advantage of these rates today!