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It’s interesting to read what Fannie Mae has to say about mortgage rates. You may read about it here. “The question arises whether the recent increase in interest rates will stall the housing recovery, a relative bright spot in the economy during the first half of 2013.” Sharp Edges in the RE Market Well, yeah.Read more

As of today, mortgage rates are nearing 4% again for 30-year fixed rates. That is, rates are at their highest in months. This reflects a strong stock market and a climbing 10-year Treasury pricing. A mortgage broker at Citibank, Michael Most, gives me a good read on his current borrowers. He tells me that heRead more