Interest Rate Information

Are Mortgage Interest Rates Really Skyrocketing?

The good newsis, interest rates HAVE NOT skyrocketed.

This guest post comes to us from our friend, Pete Green, Branch Manager at Atlantic Bay Mortgage Group.

With the onset of strong home sales, housing starts, higher import price, and other key economic factors, not to mention Federal Reserve rate increases, experts pegged 30-year rates to [...]

Where Are Interest Rates Heading?

How long will Interest Rates remain at these historic lows?

The interest rate you pay on your home mortgage has a direct impact on your monthly payment; The higher the rate, the greater your payment will be. That is why it is important to look at where the experts believe rates are headed when deciding to buy now or wait until next [...]