Mortgage Rates Hit Three Year Highs After months

Mortgage Rates Hit Three Year Highs
After months of apparent indecisiveness, mortgages rates seem to have decided on a direction and are heading toward it. Unfortunately that direction is up! Both of the mortgage market surveys we track reported rates at their highest levels since mid-2002 and in one case since 2001.

Rate increases seem natural given the market and where it's headed.