According to Freddie Mac, interest rates on a 30 year fixed home mortgage on friday were 5.91.
Anylists are saying yields on bonds are being pushed up by the Federal Reserve in response to "worsening inflation" from continued high energy prices.
Folks, we've said it before and we'll repeat it again - Interest rates will RISE.
If you don't want to relegate yourself to renting for the rest of your life, you must buy a home AS SOON AS YOU CAN AFFORD TO!
For questions about the real estate market in your neighborhood, e-mail TeamResults@Century21.com