Making Sense of Mortgage Rates

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After mortgage rates dropped to their lowest levels in decades sparking record numbers of refinancings, recent weeks have seen a sharp rise. Many Americans are feeling pressured and confused and wondering if they missed the boat. Bob Walters, chief economist for Quicken Loans, chats with MSNBC.com to help sort through the mortgage rate confusion and enable listeners to make educated decisions about their mortgage finances. Chat producer Will Femia moderates.

After mortgage rates dropped to their lowest levels in decades sparking record numbers of refinancings, recent weeks have seen a sharp rise. Many Americans are feeling pressured and confused and wondering if they missed the boat on low rate mortgages. Bob Walters, chief economist for Quicken Loans, chats with MSNBC.com to help sort through the mortgage rate confusion and enable listeners to make educated decisions about their mortgage finances. Chat producer Will Femia moderates.

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