May 26, 2006, Newsletter Issue #17: 30-Year Mortgage Rates Expected to Continue Rising

Tip of the Week

The current trend of rising home mortgage interest rates is expected to continue. The inching-up began in the third quarter of 2005 and has steadily risen at a quarter percent per hike.

Economists do not predict a serious market slow-down as a result of the increses as rates are still historically very low and affordable. The Adjustable Rate Mortgages (ARM's) usually gain favor when fixed rates rise but the increases have not caused significant concern in the market.

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Not finding the advice and tips you need on this Mortgages Tip Site? Request a Tip Now!


Guru Spotlight
Linda Handiak