Towne Lake Real Estate Guide

Bankrate surveys mortgage experts each week to find out which direction they think rates will go over the next 30-45 days. Last week 50% of them saw mortgage rates going up and 50% saw mortgage rates staying the same. This week we see three different directions mortgage rates could go. 50% think rates will increase, 25% think rates will decrease and 25% think rates will stay unchanged.

Here’s the latest numbers on interest rates for the week of November 14th - November 20th. This national survey was performed by Bankrate.com on Wednesday, November 16th.

• Mortgages - 6.42% (30 Year Fixed)
• Home Equity Lines - 7.05%
• Auto Loans - 8.08% (48 Month - New Car)
• CD - 3.19% (One Year Yield)
• Credit Card - 12.97% (Standard Fixed)

Bankrate surveys mortgage experts each week to find out which direction they think rates will go over the next 30-45 days. Last week 50% of them saw mortgage rates going up and 50% saw mortgage rates dropping. This week 50% think rates will increase and 50% think rates will stay the same. This is the first time in long string of weekly Bankrate surveys where no mortgage experts, not even a small percentage, thought rates would drop. This may be a sign that mortgage rates really are going to trend upwards for a while.

There’s no need for the blank, “deer in headlights” stare when it comes to understanding credit scores and their methodology. You’ll probably never completely understand how your credit score is tallied, but this glossary of 25 need to know credit terms will certainly help you become more knowledgeable.

Bankrate surveys mortgage experts each week to find out which direction they think rates will go over the next 30-45 days. Last week 75% of them saw mortgage rates going up. This week 50% think rates will increase and 50% think rates will decrease.

Here’s the latest numbers on interest rates for the week of November 7th - November 13th. This national survey was performed by Bankrate.com on Wednesday, November 9th.

• Mortgages - 6.42% (30 Year Fixed)
• Home Equity Lines - 7.04%
• Auto Loans - 8.08% (48 Month - New Car)
• CD - 3.15% (One Year Yield)
• Credit Card - 12.97% (Standard Fixed)

Here’s the latest numbers on interest rates for the week of October 31st - November 6th. This national survey was performed by Bankrate.com on Wednesday, November 2nd.

• Mortgages - 6.37% (30 Year Fixed)
• Home Equity Lines - 6.97%
• Auto Loans - 8.08% (48 Month - New Car)
• CD - 3.14% (One Year Yield)
• Credit Card - 12.97% (Standard Fixed)