Rates are still on the move up slow but sure

Last week brought rate increases up to a total of .25% increase in 30 Year rates since the Feds met on March 28th. Now lets just consider that they are meeting again on May 10 (one month from today) with the idea of another .25% rate move. You can figure the math. But let us also say even with another .25% increase in rates they still look Great. Do not just jump in and buy a house just because rates are going up. We have heard that so many times before. Make sure you get the house,the rate and the fees you deserve. It is a decision that can stay with you a long time. Make sure the price is right on all 3 items. If you can swing a 15 year loan take a look at them because they have not moved up as much as the 30 Year rates. Also check around because 15 Year rates can have a difference in rate because of the Investor who they are sold to. www.Rateinformer.com