Over the past 45 years, interest rates on the 30-year
fixed-rate mortgage have ranged from as high as 18.63% in 1981 to as low as
3.31% in 2012.
Good economic news tends to be bad for mortgage rates because
a strong economy raises fears about inflation. Inflation causes fixed-income
investments such as bonds to lose value, and that causes their
yields to rise. ... Mortgage rates generally track the
same path as long-term bond yields.
Please see the Daily Rate Lock Advisory
Weekly Mortgage Market News
Letter Dana Bain