As mortgage rates dipped even lower this past week, we got to thinking about the last time we saw rates like this  –  the 1950s. Let’s put the Tivo on pause and pretend we’re not reading this on the Internet. Lace up your saddle shoes and climb out of... Read more
The 4th of July is coming up, and that means plenty of bbqs, Independence Day weekend store sales, and fireworks. But as the fireworks and festivities are getting ready to start up, we’ve been busy watching rates go down. Mortgage rates have once again hit historic lows. Yes, we... Read more

Last week mortgage rates for a 30 year fixed loan dropped below the 5 percent mark, and shorter term adjustable rate mortgages remain in the mid-4 percent range. Combined with the availability of the federal home buyer tax credit home affordability is at an all-time high.

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