The Daily Dirt - 30-Year Mortgage Rates Drop Below 6%

12/2008 Vol 1, Issue 2 30-Year Mortgage Rates Drop Below 6% Dear E-mail,   I always appreciate your feedback about my eNewsletters.   If you have any feedback, please let me know (good, bad and ugly) at mj@milehighhomehunter.com     By the way, I have set up some real estate resources for you on Amazon.com.     Are you: A first time homebuyer? Check out: The First-Time Homeowner's Handbook Investing in Apartment Buildings? Check out: Investing in Apartment Buildings Investing in Real Estate? Check out: The Pre-Foreclosure Property Investor's Kit Needing tools for your next "Fix n' Flip"? Check out the Amazon.com pre-canned search here  If you are looking for anything else, check out any of the affiliate links under the "Amazon.com: Real Estate" button on the top of my website: www.MileHighHomeHunter.com Market Place Links   Have something to sell? A small business to promote? Contact me to have your link added here:   Shop for real estate books   Shop for home improvement tools   Mary Kay Cosmetics   Send Out A Card - Online! Experience Renewal   Get Financial Renewal Quick Links Foreclosure Homes Market Stats Valued Lender Referral Search for Homes    Join our Mailing List! Don't Forget! Support the Race for The Cure! Help me raise funds for the Race for the Cure! Donate directly to Komen Denver here     30-Year Mortgage Rates Drop Below 6%   30-Year Mortgage Rates Drop Below 6%   Source: USA Today, Anna Bahney (11/28/2008)   Mortgage Brokers' phones rang off the hook last week as 30-year mortgage rates dropped below 6 percent. Some brokers say their rates are as low as 5.25 percent. The rates are down because the Federal Reserve announced that it would buy $500 billion in mortgage-backed securities held by Fannie Mae and Freddie Mac. That would help the two increase the pool of money for new mortgages. "This is really craziness," says Brian Koss, a managing director of Mortgage Network. Koss advises borrowers who find an attractive rate to lock it in for 60 days. "Drop everything you are doing, get the mortgage professional all of the paperwork they need, so you don't run out of time," he says. Source: USA Today, Anna Bahney (11/28/2008)      Want The Latest Real Estate News? -- Contact me get automated updates for your home, neighborhood or a neighborhood where you are looking to purchase     Click Here To See My New Real Estate Video News Channel! As always, whenever YOU are ready, I am here Bringing The World Home To You™     And, if you know of someone that is looking to buy or sell, I am NEVER too busy for any of your referrals.       Kind regards and happy "Home Hunting",      Michael J. Clarkson   Broker/Owner - Mile High Home Hunter Realty  303.332.6393 MJ@MileHighHomeHunter.com        On the web: http://www.MileHighHomeHunter.com http://www.MileHighForeclosure.com http://www.HomeHunterBlog.com http://milehighhomehunter.blogspot.com http://thehomehunterblog.blogspot.com

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