autoupdating mortgage rates widget
<a href="http://www.escapesomewhere.com/mortgageinterestrates.html"><img src="http://www.escapesomewhere.com/mort_images/current-mortgage-rates.gif" alt="Mortgage Interest Rates"></a>

Mortgage rates fell this week. 30 Year mortgages fell from 6.13 to 5.87. 15 Year rates fell from 5.6 to 5.27. It looks like lenders are trying to stay away from ARMS due to the heavy losses they are taking from ARM's from foreclosures. Although rates did not fall as much as the .75 points the FED cut the discount rate by last week but its encouraging that rates did fall somewhat as the last few FED cuts in 2008 failed to push mortgage rates down.

Ki is a realtor in Austin. He runs a site with information on the Austin real estate market. He also writes a Austin real estate blog. He also recently wrote a Mortgage Interest Rates Widget