Mortgage rates stay in the basement

Mortgage rates sagged this week as ongoing concerns about the European debt crisis had investors fleeing to the relative safety of mortgage-backed securities that fund most U.S. home loans.

Rates on 30-year fixed-rate mortgages averaged 4 percent with an average 0.7 point for the week ending Nov. 3, down from 4.1 percent last week, Freddie Mac said (more…)

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Wall Street Journal & Forbes: It’s Time to Buy A Home

Today we bring you some nudging by financial institutions that, have for years, been on the forefront of industry trends.  As always, thanks to our friends at Keeping Current Matters for bringing this information to us.

We believe very strongly that now is the time to buy a home. (more…)