Lots of economic news this week

The rates are holding steady this AM but we have a lot of economic news this week that could change rate one way or another. The housing market is still falling off so home prices look better than 6 months ago in a lot of areas. You need to shop hard and do not be afraid to make a low offer.The sellers are much more motivated now. The Mortgage market is the same way. They are hungry for your business. Shop hard and use your knowledge to get the best rate and fees you can. The first thing is that you need to have good credit scores. You can check your credit scores online at My Fico.Com or Equifax.
Next, you need to have some savings for a 5% or more down payment. Do you have a good way to save for a down payment? We highly recommend Emigrant Direct. They pay 5.15% on their savings account, with no minimums, no fees. www.rateinformer.com