Mortgage Rates are Falling Again!
This is a great time to buy a new home. It's a buyers market and interest rates are dropping.
According to CNNMoney.com, "The New Year has been good to mortgage interest rates so far. Rates are hovering at 5.00% these days. This is just the beginning because the Fed just started buying mortgage papers from Fannie, Freddie. Today the Feds bought $10.2 billion worth and they have a target of buying up to $500 billion by the middle of 2009."
It's not easy to qualify for bank loans right now if you have bad credit, but there are still ways you can buy your own home. Check out my website at http://I-can-buy.com now to find out more.
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