Rates on 30 year home loans rose to the highest levels in 8 months to 5.21%. This rise was "due to the improving economy and the end of a government push to make mortgages cheaper" reported Freddie Mac. Rates last August were 5.29%.
With the tax credit still in place, and with rates tending to rise, now should be a good time to pull the triger for potential homebuyers.
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