Why home loan rates have gone up, assuming they could settle While the certain mortgage rates that you would rating is based oneself facts, like your credit score therefore the dimensions and type out of mortgage that you will be taking You could potentially predict one mortgage costs could well be dropping nowadays following Federal Set-aside slash rates from the half of a point last week. However, recently, home loan cost sprang highest, with regards to biggest increase due to the fact sley, NPR’s private fund correspondent. Hello, Laurel. RASCOE: So mortgage costs ran up recently, regardless if rates of interest is actually down.