Boy mortgage rates could become extremely attractive if the government bails out banks from their bad debt.  With this happening along with the support of Fannie Mae and Freddie Mac, the mortgage markets could begin to reflect some of the lower interest rates out there.  We’ve seen rates come off over 10% in the past […]

Mortgage rates edged down over the long weekend with the 30-year fixed rate mortgage average slipping to near 6.25%.  The jumbo and the 15-year fixed also edged down over the holiday weekend.  As I mentioned previously, any ability to grab a mortgage when the national average is near 6% was a great opportunity.  As things […]