Daily Mortgage News

Fannie Mae is reporting that refinances almost TRIPLED in Febuary sin January! It should actually keep increasing because of President Obama's plan. Refinancing people into lower interest rates will help us try and prevent future foreclosures because homes will be more affordable so give it a try if you have a high rate!

Daily Mortgage Rates

Conventional 30 Yr. Fixed Rate: 5.125%

FHA 30 Yr. Fixed Rate: 5.375%

USDA (100%) 30 Yr. Fixed Rate: 5.250