Mortgage Interest Rates Climb over 4%

For the first time this year, mortgage interest rates have surpassed the the 4% mark; according to Freddie Mac’s  Mortgage Market Survey. Rates are expected to continue rising over the next six quarters; similar to the surge that we saw in 2013. Check out the graphic below to see the parallels between the spikes in 2013, and thus far in 2015.


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