HAve the rates risen for good?

Rates have risen, however they are still very good. I do believe you missed the bottom.. but If your sitting on the fence and wondering if you should buy or refinance, you should absolutely do it now.. I do not see rates coming back down to as low as they have been.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Watch the 10-year treasury note rates in the financial section of your local paper. That will show you the trend.

Rates have definitely risen over the last two weeks but historically, we are still in a FANTASTIC rate environment overall. If you are still holding out to buy or refinance, I wouldn't wait! Rates could very easily move back up to the 4's, 5's and 6's - once the upward trend really gets momentum, its silly how fast it goes. That could take months or even years but look at the last decade and today's rates are great compared to the big picture.

Rates today were moving too fast to even have real "rate sheets" -- things changed more than 15 times today, going both up and down (unfortunately more up than down) though it ended up about where it started the day.Depending on what happens in the world - in multiple categories, the rates might go either direction, though many believe the tendency will be to head up, rather than down. That said, the sooner you can get your loan locked, the better you are likely to find your situation.Hope you have a great Memorial Day weekend upcoming.

Almost everyone miss's the true bottom. It's only around for a very short period of time and for most it's a matter of luck. Rates have risen from all time lows but are by no means high. A sub 4% rate is a deal of a lifetime. Get in while you can.

No.

Based on my 35 years in the industry, no. May not be as low as prior but the knee jerk reaction will settle down sometime after the Holiday.

Rates currently have risen but are still at historical lows - rates are currently trending higher and the bottom may have already occurred-Trying to predict the absolute bottom is risky at best- if you are refinancing , now is the time to do so-

I believe this was an immediate over reaction in response to Ben Bernanke's speech this week. My personal opinion is that they will recover slightly, but not to what we were at before

The bottom is the current lowest rate. If you missed a lower rate, you shouldn't have waited and Hindsight is always 20/20. Quit gambling and take advantage of what's available now while it's here. All Indicators and forecasts are the rates will continue to rise over the next year. In 6 mo. from now do you want to be asking this same question when the rates could be in the mid 4% range? Don't wait.

We're located in GA, and gladly give you a rate track until rates come to your desired level.