Just as I began to talk about mortgage rate stabilization, we’re seeing mortgage rates climb significantly over the past week.  The week-over-week increase on the 15-year fixed mortgage rates ended at 22 basis points.  The 30-year fixed mortgage rates are up 24 basis points.  The 30-year jumbo is climbing well above that 7 percent benchmark to 7.19%.


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Best mortgage search available:

Seven percent mortgage is an internet resource providing readers with quality links to help them best determine the value of their home and weight the mortgage options. Sub-prime mortgages were the only 7% we saw, but now things have changed.

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