Current Mortgage Rates

Mortgage rates remain near all time lows but that could change soon.

The European Debt Crisis has been an overbearing fact on the stock markets and has driven down mortgage rates inadvertantly. Mortgage rates have seen levels that have never been reached before on the 30 year fixed mortgage rates, 20 year fixed mortgage rates, and 15 year fixed mortgage rates.

Once the European debt crisis over, or out of fashion for the stock traders, I believe mortgage rates will rise. Even if the Federal Reserve Board does indeed begin a new round of purchasing Mortgage Backed Securities it will only have a minimal effect in offsetting the rapid pace of rising mortgage rates. Mortgage rates have been to low for to long and those who are greedy will miss the boat entirely.

Mortgage rates today are starting at 3.75% 30 year fixed mortgage rates, and 3.75% for 20 year fixed mortgage rates. See mortgage rates from lenders and banks and compare mortgage rates for your particular mortgage scenario http://current-mortgage-rates.net/compare-mortgage-rates/mortgage-rates/