Interest Rates are Creeping Back Up!

I did say creep right? This upward movement of mortgage interest rates have been in every news article sent in my direction today.

30 year fixed mortgage rate has hit 5% first time since May...bullish economic outlook and strong retail sales are doing the push. Rates haven't been above 6% since November 2008.

Rismedia article gives fuller details from bankrate.com.

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