Mortgage Rates Beginning to Rise

[David J Edwards]

Mortgage rates have begun to inch back up as government support runs
its course and interest rates rise. On December 24, the average 30-
year fixed-rate mortgage was 5.05 percent, the first time it has gone
above 5 percent since the end of October. According to Amy Crews
Cutts, deputy chief economist at Freddie Mac, “Extraordinary resources
have been put into keeping the rates down and supporting the mortgage
market, and it’s hard to imagine that the rates can go much lower than
they are.”

Source - Freddie Mac

Best Regards,

David J Edwards
Real Estate Agent & REALTOR
Edwards Real Estate Group
Keller Williams Realty Southeast Sound
Phone: 425-636-0296
Fax: 425-902-1899
E-Mail: Da...@EdwardsRealEstateGroup.com
Website: http://www.EdwardsRealEstateGroup.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
View This Week’s Market Conditions Around Your Home:
http://www.homeinsight.com/Widget/default.asp?BFBMVVHW4HZT

The Edwards Real Estate Group specializes in Residential Real Estate
for buyers and sellers.