Can interest rates get any lower?  I keep going to closing after closing and I'm amazed at the interest rates that buyers are currently getting.  2.75% for a 15 year fixed....seriously?  That is free money folks, I can't imagine a better time to buy a house then right now!

Forbes forecast for 2012-2013 states that the short-term interest rates will remain in microscopic territory through 2013. Mortgage rates surged lower again today, continuing an ongoing push into lower all-time lows.  Can you believe a 30-year fixed is 3.25%?  Not to date myself, but I can remember when we had mortgages in the 12% range....so today's low rates are really a bargain.  If you have been on the fence it's time to jump off and take the plunge into home ownership.  With rental rates at all time highs the time really is now!