Stuck Rates

February 24, 2009
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Mortgage Rates: Stuck at 5%

Local lender and blogger Alex Stenback has a nice post from yesterday, “Lower Mortgage Rates Stymied By Supply,” that explains what’s happening with mortgage rates right now — and why.

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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