Evaluating pluses, minuses of mortgages - 2004-05-24
By now, we all should have recieved the message: Interest rates are going to climb, making mortgages more expensive.
Rates are still pretty good, with the standard 30-year fixed mortgage going for around 6.5 percent, up from 5.5 percent in March. Historically, rates of 8 percent or more are typical, so I wouldn't be unhappy about locking in at today's rate.
Read the full story at Wilkes Barre Times-Leader