Rates are hitting new lows !

Existing Home Sales still continue to drop and oil is back below $60 (for Now). Mortgage rates continue to drop as the Feds appear to be done for the time with raising rates. The economy still shows signs of slowing down (maybe a little too much too fast). They need to be very careful to prevent a slide into a recession. If the economy is too bad low rates will not make any difference to homebuyers. They will not be buying homes. For now though their are a lot of homes on the market to choose from. Do not be afraid to make a reasonable offer on any home. It is a Buyers market in most areas and the sellers and builders now are starting to realize it and are continuing to lower their prices. If you are looking for a Mortgage loan and like what you see on our site please send us a email and we can refer you to a Company that will treat you fair and work very closely with the information given on this site in regards to fees and rates. Do not let yourself make that big and costly mistake with your new mortgage. We have contacts in 13+ states that will be more than happy to work with you. Now is a great time to look for a home because of all the homes on the market in many areas of the country. Rates have improved this week and there are deals out there waiting for offers to be made. 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.