There has been slight reduction in interest rates of long term mortgages this week, after rising in the four previous weeks....

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Low mortgage rates have been hailed as one of the saviors of the banking system. In the long-run though, they could prove to be yet another form of risk. While the Federal Reserve normally contents itself with managing very short-term interest rates,

Mortgage rates are near record lows and it may be time for you to take advantage! Even existing home owners may qualify to refinance their current mortgage to a lower rate resulting in lower mortgage payments. In many cases now, homeowners realize they owe more on their house than it is worth. If you qualify, refinancing to a lower rate may ease

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