Daily Mortgage News

For all those homebuyers that are "waiting" for the market to get worse and prices to drop, it's time to step up and buy because the prices just might not drop much more! Housing starts have risen above expectations. We are seeing a 22.2% monthly increase. Building permits also increased. Both were expected to decline but things are getting better.

Daily Mortgage Rates

Conventional 30 Yr. Fixed Rate: 5.50%

FHA 30 Yr. Fixed Rate: 5.50%

USDA (100%) 30 Yr. Fixed Rate: 5.375%