Short Sale Consulting

Mortgage Rates Edge Up, Ending 5-Week Decline Rates on 30-year mortgages ticked up to 6.72% from 6.67% last week, while 15-year mortgage rates rose to 5.86% from 5.80%, mortgage buyer Freddie Mac said.

Rate Cut Offers Small Step to Ownership for Many Some agents are telling buyers to act now because additional rate cuts will increase market competition. Rates may tick up slightly before dropping again.