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
| Tue, 18 Sep 2018 19:35:00 GMT mortgage rates, interest rates, bond markets Mortgage Rates Officially Highest in at Least 5 Years Mortgage rates edged up to 4-year highs with yesterday's bond market losses and things went from bad to worse today. Bond markets (which underlie and directly affect rates) are under extreme pressure today and have generally had a very bad September. Weakness in bonds equates to higher rates. So why are bonds weak? In part, this is weakness that was expected way back at the beginning of the year as the tax bill came to fruition and as economic data continued to suggest ongoing expansion. Given that the inflation/growth outlook was a whole lot worse in 2013 and early 2014 when 10yr Treasury yields briefly crested 3.0%, it stood to reason that those same yields would almost certainly need to move well over 3.0% this time around (inflation/growth are key factors in Treasury yields and rates in general). ...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it. |
Mortgage Calculator
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Example Rates
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