Mortgage rates hit highest in 10 months

Ah, May 10th, the good old days. The 30-year rate was 6.15.

The 0.38-percentage point increase since May 10 represents a jump of $50 a month on a $200,000 loan.

June 8, 2007 by Realtor John Wake

About The Author

John Wake

Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.

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