MEI Appraisal Company, LLC - Mortgage Rates and Calculator

MEI Appraisal is a member in good standing with the American Society of Appraisers (ASA).  The ASA and its members keep current of all the associated news and events within the profession.  Below are the recent interest rates along with a simple mortgage calculator for your convienience.

Recent Mortgage Rate Feed

Mon, 21 May 2018 19:38:00 GMT
mortgage rates, interest rates, bond markets
Mortgage Rates Unchanged to Begin Week

Mortgage rates held steady today, which is better than what could be said for most of last week when rates shot up to the highest levels in 7 years.  Friday was the only day of improvement, but it was scarcely enough to undo the damage from the previous 4 days.  That said, it did raise questions.  Specifically, was Friday some sort of indication that the worst was behind us in terms if upward rate momentum?

Answering that question is tricky business because the time frame matters greatly.  In the short term, there's always a possibility that a prevailing trend toward higher rates will cool-off and reverse course.  While that's also technically possible over longer time horizons, we can begin to talk more about probabilities and less about random chance.  With that in mind, we've be discussing the general momentum toward higher rates for many months now.  Rest assured it will be big news when and if it changes.

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Mortgage Calculator

Sales Price: $
Down: %
Interest Rate: %
Term: yrs
Monthly payment: $

Example Rates

Mtg Loan    Rate  
30-yr Fixed 4.00%
15-yr Fixed 3.25%
5-yr Adj 2.625%
* see listing to the left for the latest rates