Financial Schools Reviews

Mortgage rates are higher in the latest mortgage survey for 2009. This week’s increase in mortgage rates is the fourth consecutive week of increases. Even with four weeks of increases, 30 year mortgage rates are just above 5.00 percent but are expected to head as high as 6.00 in 2010.

Looking for the today’s mortgage interest rates? Use our mortgage rate tables to find mortgage rates  in your state or zip code. Today’s Mortgage Interest Rates.

In this week’s Primary Mortgage Market Survey, conforming 30 year mortgage interest rates increased to 5.14 percent  with an average mortgage discount point of 0.7 points for the week ending December 31, 2009. Last week the ave

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(http://www.monitorbankrates.com/mortgages) Mortgage rates headed higher in the most recent Primary Mortgage Market Survey released by Freddie Mac. Current 30 year mortgage rates inched back above 5.00 percent to 5.05 percent, up from the prior week’s mortgage survey that had 30 year mortgage rates at 4.84%.

Even though mortgage interest rates are back above 5.00 percent 30 year rates are still lower than last year when the average mortgage rate was 5.14 percent. Average mortgage discount points remained at 0.7 points in this week’s mortgage survey.

15 year mortgage rates also increased this week, current mortgage rates are averaging 4.45 percent, up from last week’s average mortgage rate of 4.37 percent. Avera

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Current mortgage rates are mixed this week over last, both conventional 30 year mortgage rates and 15 year conventional mortgage rates are lower. Fixed jumbo mortgage rates are higher.

The Federal Open Market Committee (FOMC) met last week and decided to keep the federal funds rate in a target range of zero percent to 1/4 percent because there is still “substantial resource slack in the system” which should keep inflation down for now even though the economy expanded by 3.5% in the third quarter of 2009.

Looking for today’s mortgage rates? The best mortg

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