Daily Mortgage News

Refinancing will soon be an option again. If you own a home and owe up to 5% more than your homes value you will now qualify to refinance. Your mortgage just has to be held by Fannie Mae or Freddie Mac. This is the President and Congress trying to limit the number of foreclosures. Most likely you owe more than your house is worth because the values went down so come on in and give this a try...

Daily Mortgage Rates

Conventional 30 Yr. Fixed Rate: 5.50%

FHA 30 Yr. Fixed Rate: 5.50%

100% (USDA) 30 Yr. Fixed Rate: 5.50%