Are you curious about the current mortgage interest rates? It seems we heard all the hype when they were extremely low and then we definitely heard about it when they were going up but what's going on with them now? It may just be me but I feel as though things have been pretty quiet around mortgage rates.
It turns out they were quietly creeping up and down again but overall maintaining an average in the low 4% range as you can see in the chart below from Bankrate.com. 4% is definitely not a rate to complain about. Does it mean it's a good time to buy? I don't want to say now is the time to buy simply because it depends on your situation. Whether it's the right time to buy depends on far more than the mortgage rates and current price trends, it depends on your personal needs and finances. So don't let yourself get all wrapped up in the stories you hear in the news about when to purchase a home. Evaluate your situation and with the help of your realtor and/or finance advisor decide when the best time is for you to move into a new home.

http://www.bankrate.com/finance/mortgages/current-interest-rates.aspx
MORTGAGE

Current Mortgage Interest Rates

By Bankrate.com

Current Interest Rates

3 MONTH MORTGAGE TRENDS

Find the best mortgage rates in your area.

Mortgage rates	30-year fixed	15-year fixed	5/1 ARM	30-year jumbo
11/6/2013	4.35	3.42	3.25	4.44
10/30/2013	4.27	3.38	3.26	4.35
10/23/2013	4.27	3.37	3.27	4.38
10/16/2013	4.42	3.49	3.31	4.55
10/9/2013	4.39	3.47	3.34	4.58
10/2/2013	4.41	3.47	3.4	4.58
9/25/2013	4.47	3.53	3.41	4.64
9/18/2013	4.66	3.7	3.55	4.77
9/11/2013	4.71	3.75	3.65	4.89
9/4/2013	4.72	3.74	3.65	4.88
8/28/2013	4.62	3.66	3.61	4.77

Kimber Devoe Homes

Monday, November 11, 2013