Jim De Both's Weekly Column

from Interest.com

1. Home loans cost a little more, but remain affordable
The mortgage industry is in turmoil.

2. Home loans cost a little more, but remain affordable
Interest rates are a quarter- to half-point higher than they were last fall and winter after mortgage costs took a surprising jump in late May and early June.

3. Interest rates level off after spring's surprising jump
For nearly 10 months interest rates moved up a little, then down a little, but the average cost for most types of mortgages remained below 6.5%.

4. Interest rates level off after spring's surprising jump
For nearly 10 months interest rates moved up a little, then down a little, but the average cost for most types of mortgages remained below 6.5%.

5. Interest rates level off after surprising spring jump
For nearly 10 months interest rates moved up a little, then down a little, but the average cost for most types of mortgages remained below 6.5%.

6. Interest rates take a surprising jump toward 7%
For nearly 10 months interest rates moved up a little, then down a little, but the average cost for most types of mortgages remained below 6.5%.

7. Interest rates take a surprising jump toward 7%
It was great while it lasted.

8. Interest rates take a surprising jump towards 7%
It was great while it lasted.

9. Rates climb past 6.5% for the first time since August
It was great while it lasted.

10. Rates climb past 6.5% for the first time since August
It was great while it lasted.