Mortgage Rates are moving and You know which way!

Indicators of Existing Home sales and Consumer Confidence showing a strong economy pushed hard on rates today. we could see rates move up a .125-.25% on Wednesday if New Home Sales and Durable Goods come out strong. If the economy is still strong the Feds will push rates up even more to slow things down on May 10 when they meet. Rates are still low and home prices have slowed and even come down in some areas to offset the higher rates. If you are building we suggest you lock in if you are within 60-90 days from completion. Stay tuned for further news. www.rateinformer.com