Nov 17 2010
Long-term mortgage rates rose over a quarter point this week. And some predict continued upward pressure. Wells Fargo increased from 4.25% up to 4.625%. Jumbo rates appear to have stayed steady for now, at 4.875%.
So is it now time to buy? With property prices seemingly about the bottom and interest rates on the rise, this may be the time to make that purchase that you have been wanting.