FYI Mortgage rates are at a 4 year high.
BankRate.com is publishing todays average 30 year fixed is a whopping 6.38%. Oh the pain of it all. What will we do, what will we do?
Those of us that financed at the time of Desert Storm paid 10.38%. Yep, we locked the morning Bush Sr. announced Desert Storm. It was in fear the rates were going to skyrocket. Does that make sense? Skyrocketing from 10.38%? It is all a matter of what you are used to. Remember there is no crying in selecting interest rates. So cut it out.
