Here are some average interest rates for the week for the Northern Virginia area courtesy of First County Mortgage:

Conventional 30 years fixed to 417k:  5.99% with ½ point loan origination fee

 Conventional Jumbo between 417k - 729k): 6.375% with ½ point

 FHA/VA:  6% with ½ point

 FHA Jumbo:  above $363,500:  6.75% with ½ point

I sent a small rant to Jim Webb this week after watching some of the congressional testimony of our corporate leaders. Yikes, talk about men without a plan, and a sense of entitlement. I am not against corporate socialism if it will stave off a deeper recession but I REALLY don't want to contribute to these guys having private jets, 16 million dollar salaries, etc, etc. Not only that but they have no shame about it. Egad! And still.....no real help for homeowners.

http://www.realvirginiahomes.com