ImageRemember when everyone was refinancing to get 6 and 7 percent mortgages?  Many of us remember when mortgage rates went up to 18% back in the 80’s!  In a nutshell, the highest rates in the last two years are lower than any rates we’ve seen in the last 40 years!  Below is an article that explains the recent jump:

Average 30-year mortgage jumps to 4.58%