Mortgage Rates Down Slightly
Bankrate.com reports that for the week ending March 15 "The benchmark 30-year fixed-rate mortgage fell 2 basis points to 6.43 percent ... One year ago, the mortgage index was 6 percent; four weeks ago, it was 6.37 percent."
You can read more about interest rates, including theory behind the market, here: Bankrate.com interest rate survey March 15, 2006
Remember that the Federal Reserve meeting is March 26/27. You can view a calendar of the meetings here: Federal Reserve meeting calendar