It doesn't get much better than this... If you're thinking about buying, don't wait. Prices are affordable, rates are low, and qualified buyers don't have as much competition these days. The time is right! Many people can buy homes for less than they pay in rent. Call me to discuss your options.

Mortgage Rates Move Even Lower This Week
Fixed and adjustable-rate mortgages sank to new lows for the year, continuing a downward spiral for the eighth straight week, Freddie Mac reports in its weekly mortgage market survey.

Here’s a closer look at how rates fared for the week:

? 30-year fixed-rate mortgages averaged 4.49 percent this week, down from last week’s 4.55 percent average. A year ago at this time, 30-year rates averaged 4.72 percent.
? 15-year fixed-rate mortgage ratesaveraged 3.68 percent--its lowest level since November 2010. A year ago at this time, the 15-year rate averaged 4.17 percent.
? 5-year adjustable-rate mortgagesaveraged 3.28 percent this week, slipping from last week’s 3.41 percent average. A year ago at this time, the 5-year ARM averaged 3.92 percent.

Source: “Mortgage Rates Move Lower Following Weak Jobs Report,”Freddie Mac (June 9, 2011)