How Shall We Compare Today's MortgageRates? Everybody dreams of a home but many hurdles come up. Prospective homebuyers get confused by a great variety of interest rates between companies. Like the shopping process, it appears as if bargaining is necessary along with lots of research online? Get to know the current mortgage rates from a few top companies to be able to compare between the states perhaps. Some states like California seem costlier than others like Texas.
What could be the factors affecting Current Mortgage Rates?
Interest rates are rising in 2022 due to inflation which shows a 7% increase in the last 12 months, the highest in 40 years. Economic growth has been stunted by the pandemic even though hope looms now with the tapering off with omicron. An average of 4% for the 30year fixed loan could be expected by 2022 end.
www.pureloan.com
Mortgage Rates Calculator