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Mortgage Rates Current Mortgage Rates Get Widgets

- Interest Rates for Home Mortgage Loans and Refinancing Loans could rise after FED exit of mortgage bond market.

After buying trillions of dollars worth of Mortgage Backed Securities since 2008, the Federal Reserve Bank recently ended it's Mortgage Backed Securities Purchase Program, which greatly reduced interest rates for home mortgage loans. Recent strength in the MBS markets have driven down mortgage interest rates for years, making house loans more available for a home purchase loan or refinancing loan.

What does this mean for your situation? It simply means that recent low rates will likely continue to inch higher in coming months and any delay to purchase or refinance a home could prove to be costly. Now is the time to take advantage low home loan interest rates to refinance or purchase a new home.

What are you looking to accomplish?

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