Low Fixed Rate Mortgages - Good Or Bad

Ok, who among us thinks low fixed rate mortgages are a good sign of things to come...raise your hand please.

The Freddie Mac survey showed the 30 year fixed rate mortgage down to 6.01% on 5/16/08.

Even with a bleak housing market, financial markets are hopeful the economy is going to turn around in the later part of '08. So if you don't need to sell your home right now, you are probably smiling...about mortgage rates.

Most everyone I hear from is happy about mortgage rates edging downward. I don't see a drawback, do you? Let me know. Publish your mortgage opinion or story on the Best Mortgage Advice Social Hotline. This is where we laugh and cry. Yes...really!

Ask Kate! Contact Kate for questions and comments regarding this page.

Go now to calculate a mortgage payment at today's rate, 6.01% with my Home Mortgage Payment Calculator. Once you start playing with it, you'll find it hard to stop.

Do it now! Bookmark this page so you can easily return to review the keys to your best mortgage rate.

Discover Kate's Best Mortgage Rate Blog, an entertaining source of information. Kate knows how to translate the secret language of mortgage lending, making it easy for anyone to understand.

DON'T MISS A WORD OF THIS - MORE UNIQUE MORTGAGE TIPS FROM KATE

Meet Kate

HOME TO Best Mortgage Rate

TOP OF Low Fixed Rate Mortgages