Last week 30-year mortgage rates dropped below 6 percent. Some brokers say their rates are as low as 5.25 percent. Wells Fargo rates today (12/2/2008):    Conventional is 5.375     FHA is 5.75  Contact:  lisa.sozio@wellsfargo.com

Rates are down since the Federal Reserve announced that it would buy $500 billion in mortgage-backed securities held by Fannie Mae and Freddie Mac.

Want a bargain on a new home? Your money has more buying power today. Call a mortgage broker today because what goes down will go back up, it's inevitable and this will not last.

It's called a buyers market for a reason! Looking for a home in Philadelphia or Bucks County, PA?

Smart Girls buy now! www.SmartGirlsOwn.com