Mortgage Rates Aren’t Up Yet, But It’s Only A Matter Of Time

The word from the expert’s mouths was that mortgage rates were set to rise sharply as we entered 2014, but up until now we’ve yet to see any sign of that. Indeed, quite the opposite has happened, with mortgage rates staying flat or in some cases slipping even lower, while a 30-year fixed rate mortgage in the US continues to average just over 4.5 percent.