According to the Mortgage Bankers Association, mortgage applications fell 14.2% in the past week. Most of the decline reflects a falling number of refinance applications, which declined 18.9%.And now rates seem to be on the rise, at least for a short time. Here is a sample of today's rates from local lenders. And as always on the b-town Report rates are for 30 year fixed rate conventional mortgages for consumers with super credit...and rates are subject to change:
- Fifth Third Bank (http://www.53.c0m/): 5.125%
- Peoples State Bank (http://www.peoples-bank.com/): 5.5%
- Premier Home Mortgage (http://www.premierhomemortgage.com/): 4.875%
- Regions (http://www.regions.com/): 5.125%
- United Commerce Bank (http://www.unitedcommercebank.com/): 5.00%
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