MORTGAGE INTEREST RATES ARE RISING

I have been preparing my clients to get their refinances in sooner rather than later as we've seen a trend of rates rising; we're at roughly .25-.375% higher across the board for both conventional fixed rate mortgages and ARMs.

Mortgage rates moved slightly higher again on Tuesday, continuing a gentle drift higher from the lowest levels in several weeks on Friday. While yesterday's rates were arguably in line ...

http://www.mortgagenewsdaily.com/consumer_rates/298702.aspx