Rates go Up

Interest rates have now gone up to 6.68 percent on 30 year fixed loans and up to 6.18on 15 year fixed loans. The Fed is obviously getting very cautious about flirting with a rise in inflation. Hopefully some of this mess will start to balance itself out because the last thing we want is less and less people being able to qualify for a loan because of a over correction in the terms one must pass to qualify with underwriting.