Mortgage Rates Today Updated May 26, 2013

Interest Rates Will Increase This Year

Loan Type   Purchase    Refinance
Location  by State    by Zip Code
Loan Amt   $

3.139% APR

15 Yr. Fixed

  

2.500% Rate

  

$1,046 / month (est)

GO

Updated 5/24/2013

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3.230% APR

15 Yr. Fixed

  

2.750% Rate

  

$1,053 / month (est)

GO

Updated 5/24/2013

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2.911% APR

15 Yr. Fixed

  

2.500% Rate

  

$1,029 / month (est)

GO

Updated 5/24/2013

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The advertised rates were submitted by each individual lender/broker on the date indicated. Rate/APR terms offered by advertisers may differ from those listed above based on the creditworthiness of the borrower and other differences between an individual loan and the loan criteria used for the quotes. More Info.. These quotes are from banks, thrifts and brokers who have paid for a link to their website in the listings above and you can find additional information about their loan programs on their websites.



Interest Rates Will Increase This Year

0 comments on this article Posted by James Leonard in Current Mortgage Rates on April 23rd, 2011 , tagged with , , , , .

This past Thursday the long term outlook of the United State’s debt was lowered to negative from stable by the credit rating agency, Standard & Poor. This wasn’t a downgrade of the debt rating of the U.S. but rather the “Outlook” for the future.

S&P decided to lower their outlook on the county’s debt because as usual politicians in Washinton can’t decide on a budget for this year and future budgets. As a result the long term outlook on interest rates will be higher. Rates on mortgages, loans, and everything else.

So I believe the future outlook for conforming 30 year mortgage rates will be over 5.50 percent by the end of 2011. 30 year jumbo rates will be around 6.00 percent.

The longer term outlook for rates is even bleaker. You can except conforming 30 year rates to get as high as 7 percent to 8 percent or even higher if inflation