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Mortgage applications drop to 4-year low as interest rates hit 8-year high – Rising interest rates are now clearly. according to the Mortgage Bankers Association’s seasonally adjusted index. Mortgage applications to purchase a home led the volume lower, falling 5 percent.
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12 ways to get the lowest mortgage refinance rates – HSH.com – No. 11: compare mortgage rates and fees. Advertised mortgage rates are sometimes based on paying points, so you need to make sure you compare loans with zero points or the same number of points. "It’s important to shop for the same loan on the same day to get a true comparison of mortgage rates, because mortgage rates change every day," says Smith.
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