30 Year Fixed 5.250%
15 Year Fixed 4.750%
1 Year Adjustable 4.750%
FHA 30 year Loan 5.375%
Rates are based on current market rates from competitive companies.
This would assume normal closing costs and normal fees

Mortgage rate advisory

The Fed held rates steady today and indicated that they will hold rats low for some time to come. They also announces that the y will start to slow their purchases of mortgage backed securities. Since they are the only buyers now this may cause an increase in rates as there is little demand for the product now.

This may be the beginning of an upward trend in rates