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Daily Digit: Interest Rates Spike to 2-Yr High

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Daily Digit: Interest Rates Spike to 2-Yr High
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The Daily Digit centers on the interest rate of 2.8 percent. The lending rate on the U.S. 10-year note is at a two year high and will likely mean mortgage rates are heading back up. That's key for those looking to lock-in a relatively low 30-year mortgage rate, which just happened to dip last week, according to the Mortgage Bankers Association. But the trend is definitely up with home-lending rates a full percentage point higher since late spring.moreless
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