An article from RealtyTimes.com, reports that the best news in real estate the first few months of 2008 has concerned mortgages.  Interest levels have continued to hover near 6% for 30-year fixed-rate loans, people who want to buy or refinance at this time will find interest rates not terribly far-removed from the historic lows seen in 2003.  The mortgage rates today are important because they show that lender confidence in the U.S. real estate market remains strong.  Lenders are willing to extend credit to U.S. homeowners, despite the large number of foreclosures.  With the new lender policies, be prepared for more paperwork, larger down payment requirements when you buy and the need for more equity when you refinance.
http://realtytimes.com/rtpages/20080521_millerreport.htm

http://www.judesandvall.com