All is Steady This Week So Far !

Housing Starts were up but Building Permits were down so we feel this is a wash for us. CPI was in line so the stock market hit 12000 today. Our rates have come down a little but not anything like they were. We feel rates have a lot of room to go up but very little room to go down. The trend is more likely for upward movement as rates have been very low for a long time. As long as we do not see too much Inflation we will be fine. As soon as Inflation rears its ugly head watch out! Housing still is coming down so shop hard and the deal will happen. 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 one of the highest rates in the country on their savings account, with no minimums, no fees. www.rateinformer.com