Feb 9th Mortgage Market Update

30 year fixed rate 5%
( 5.213% APR )

30 year fixed FHA rate: 4.75%
( 5.117% APR )

Jumbo rate: 5.5%
Loan Amounts up to $2,000,000, 5 or 7 year fixed 30 year amortiation. LTV's up to 80%, call for more details.
(5.838% APR)

Today's News:

Five reasons to buy a home this year
Affordability returns to housing, and buyers have loads of negotiating power

http://www.marketwatch.com/news/story/five-reasons-buying-house-now/story.aspx?guid=%7B01DA1B93%2D91D1%2D49E4%2DA1B1%2D0ACA9CE66FF4%7D