LowestRate.com, the online destination for finding your lowest rate on a new home loan, home equity loan or refinance, is a positive solution for today’s unstable housing market.

The New York Times has reported yet another blow to today’s fickle housing market. The financial loan giants Fannie Mae and Freddie Mac, who own nearly half of the nation’s mortgage market, could be in jeopardy. Though policy makers are rushing to assist the two companies and the federal government is working towards a rescue, loan rates continue to rise.

Home loan rates are approaching their highest levels in five years. For example, the average interest rate for 30-year fixed-rate mortgages rose from 6.44 percent last Friday to 6.71 percent this Tuesday. Bond investors are driving up interest rates even more due to Fannie Mae and Freddie Mac’s decreased support to the market, thus making it harder for the average person to find a reasonable loan rate.

If you’re concerned about interest rates for a new home loan, a home equity loan, debt consolidation or refinance, LowestRate.com can help you find the lowest rate possible. Find your lowest rate online now at LowestRate.com.

Read more about rising loan rates at the New York Times official online news source.