The NYC Mortgage Rate Report for 6/4/2013

The Mortgage Rate Report for 6/4/2013

 Rates continue to tick up. From a low of about 3.5% (30 Year Fixed)  in early May to today's 4.13%, rates have risen almost 20%. That's a very significant rise in a month. Here's what that does to your borrowing power:

                                  Rates        Payment per $100K of Mortgage

3.5%                      $449

          4.13                        $485               

The NYC Mortgage Rate Report for 6/4/2013

Rates courtesy of Wells Fargo & Zillow