Interest Rates on the Rise

Mortgage rates are on the rise!  Over the past month or so, mortgage rates have been inching their way up.  Rates for a 30 year fixed rate loan had been as low as 3.875% but are now at about 5%.  That is still a great rate, but it shows that if you are thinking of buying a house in the near future, delaying that decision could be costly.  Now is the time to buy.....It is a great time to buy a house in the Peoria, IL area!