Mortgage Rates Hit 3 Year High

It looks like mortgages rates continue to climb steadily. What are your opinions on where the top will be?

Mortgage interest rates continued their upward trend this week, with the national average rate on the benchmark 30-year loan hitting 6.43 percent, the highest level in 31 months, according to Freddie Mac’s weekly survey released Friday.

That is the highest interest rate since September 2003 when the rate was at 6.44 percent.  via The Business Journal