Mortgage Rates Climb

By:: Bill Rice - MortgageLoan.com

Last week ended with another gentle increase in mortgage rates. Rates have climbed consistently over the last four weeks, but seem to have support in the low 5 percent range. This week is likely to be volatile as the Dow portends another test of the 8000-7500 bottom in Monday opening futures. Obama administration pull back from the "bad bank" concept is sending equities into another guessing game induced tailspin. In addition, the week is full of economic reporting and data that is expected to be weak--even scary. Last week the economy lost 100,000 jobs in a single week. Expectations are that Friday will show another 500,000+ job loss month. Silver-linings for mortgage rates may, in an unprecedented way sit in the hands of the Republicans, now advocating a 4% mortgage rate to be subsidized by the economic stimulus package.

Call For Rates

800-419-1494

Speak to a lender now.

We will match calls to our toll free number with our network of lenders.

Get Mortgage Rates

National Rates

Loan Type	Today	+/-
30 yr fixed	3.80
15 yr fixed	3.10
5/1 ARM	2.73

Rates may contain points

Compare Rates »

Browse Mortgage Rates

Featured Guides

Browse our comprehensive guides to popular topics related to mortgage and personal finance.

Mortgage Rates Calculators

Mortgage Loan Directory and Information, Inc or Mortgageloan.com does not offer loans or mortgages. Mortgageloan.com is not a lender or a mortgage broker. Mortgageloan.com is a website that provides information about mortgages and loans and does not offer loans or mortgages directly or indirectly through representatives or agents. We do not engage in direct marketing by phone or email towards consumers. Contact our support if you are suspicious of any fraudulent activities or if you have any questions.

Mortgageloan.com is a news and information service providing editorial content and directory information in the field of mortgages and loans. Mortgageloan.com is not responsible for the accuracy of information or responsible for the accuracy of the rates, APR or loan information posted by brokers, lenders or advertisers.