Mortgage Rates Pulse

Interest Rate Updates for Home Financing and Mortgage Refinance Rates
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September 2018
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Current Mortgage Rates

Current Mortgage Rates Your browser doesn’t support frames. Please visit <a href=”http://www.zillow.com/mortgage/Mortgage.htm” mce_href=”http://www.zillow.com/mortgage/Mortgage.htm” style=”text-decoration:none;” mce_style=”text-decoration:none;”>Zillow Mortgage Marketplace</a> to see this content. Zillow Mortgage Marketplace Get this widget See local rates

More than any other factor, mortgage rates have driven the US economy over the last decade. Mortgage rates dropped to record levels that spurred more first time homebuyers than ever before. Unfortunately the mortgage lenders eased credit guidelines too much and the “no money down” borrowers with poor credit defaulted on their 80-20 home loans….big time. The foreclosure crisis was created and the housing sector has been on a downward spiral ever since.

Interest rates remain low and FHA home loans continue to dominate home financing nationally. The Fed recently woke up and seems to be making moves with significant rate cuts. FHA mortgage rates and interest rates for conventional loans have responded positively. Hopefully the record low mortgage rates can spur a comeback…only time will tell.




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