Rates Today: Conventional 30 Year Fixed @ 4.87% & FHA/VA 30 Year Fixed @ 5.00%

The Federal Reserve aggressively purchased Mortgage Backed Securities this
morning pushing prices higher in an attempt to lower home loan rates. The
Federal Reserve will be buying $500 billion worth of Mortgage Bonds. That equals
approximately $4 billion in buying power each trading day. That is pretty good
buying support, which could help lower mortgage rates during the first two
quarters of 2009.

Please let me know if I can help you find a qualified lender to take advantage
of these historically low rates.

Best Regards!

David J Edwards
REALTOR
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
Fax: 425-902-1899
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
 
David J Edwards is a full time real estate agent and REALTOR with Keller Williams Realty specializing in Residential
Real Estate for buyers and sellers.