What's in Store for Interest Rates?


Average interest rates crept up from last week's record low, according to the economists at Freddie Mac.

The average interest rate for a 30-year home fixed-rate mortgage climbed to 4.81 percent, according to the Freddie Mac's Primary Mortgage Market Survey, released December 10. That's up from 4.71 percent the week before

But don't worry if you're looking for a mortgage rate - interest rates are still incredibly low compared to recent years and could easily fall again and set new records this year.