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Spring 2011 Mortgage Trends
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Watch for rising mortgage costs

Mortgage trends » Watch for rising mortgage costs

Mortgages get more expensive
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Mortgages get more expensive

Mortgage interest rates have moved up, down and sideways in recent months. Yet apart from that volatility, some key trends could make mortgages more expensive for borrowers regardless of the level at which rates eventually settle. Here's a quick look at five trends this spring and how they could raise borrowers' loan costs.


 

 

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Mortgage Overnight Averages
Product Rate +/- Last week
30 yr fixed mtg
4.01% 4.04%
15 yr fixed mtg
3.11% 3.18%
5/1 ARM
2.82% 2.88%
30 yr fixed mtg refi
4.00% 4.03%
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