No Time Like Now to Buy Your Dream Home

The media is filled with headlines that can strike fear in a home seller's heart. Real estate prices are falling, houses are languishing on the market, and adjustable mortgage rates continue to climb. If you've been waiting to find your dream home, this market represents a golden opportunity.

How Are Mortgage Rates Set?

When you look at mortgage rates, do you ever wonder how they come up with the numbers? It isn't as mysterious as it seems. The Federal Open Market Committee uses market conditions to help determine the rates that you'll pay for mortgage loans.

Mortgage Rates in a Buyer's Market

Interest rates for home mortgage loans are rising, putting downward pressure on real estate prices. Economists expect the housing market slump to continue. Meanwhile, buyers are trying to decide whether to buy now, or hold out for a better deal. What's right for you?