Mortgage Rates go Down!
Bankrate.com reports that "The benchmark 30-year, fixed-rate mortgage fell 11 basis points to 6.31 percent...One year ago, the mortgage index was 6.32 percent; four weeks ago, it was 6.24 percent."
Good news! "Before this week, the average 30-year fixed had risen seven out of eight weeks -- and it remained unchanged during the one week when it didn't go up. That two-month rise followed a six-week period when rates fell every week."
If you're thinking about buying, interest rates are very attractive!
To read more: Bankrate.com February 8 mortgage loan rate report