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Mortgage Rates — Why are they going up?

February 26, 2008

If the Fed reduced the prime rate, why are mortgage rates slowly creeping up?  This article will explain the relation of mortgage rates to the prime interest rate and why we have probably seen the lowest rates  we’ll see in years.  http://www.connpost.com/ci_8363343.

If you have questions or comments, please feel free to add your comments or email or phone me directly.

Patty Cunningham, Realtor

Coldwell Banker Preferred

p. 610-363-6006

c. 610-659-4669

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