Unless you're one of the lucky few who have the means to buy a home with cash, you're gonna need a mortgage to buy real estate.
As I am in the midst of refinancing to take advantage of today's low mortgage interest rates, I'm again following the Mortgage Matters blog on BankRate.com. Holden Lewis puts great advice and the latest mortgage news on the blog, and is probably the best destination if you want to quickly stay atop of rate changes. The Federal government today kept its interest rates near zero, which should help keep the average 30 year mortgage rate at around 5 percent. It'll be interested to hear Holden's take on the government's actions.
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