Where is the Media Coverage for the INTEREST RATES?

Interest Rates are at their lowest they have been in 50 Years!   YES..., 50 years...

Fed Action Creates Best Interest Rates in 50 Years, Realtors® Report

WASHINGTON, December 17, 2008

The National Association of Realtors^® applauds the actions of the Federal Reserve Board in lowering interest rates for home buyers and homeowners who need to refinance. This will significantly impact housing sales, home valuations, and the nation's overall economy.

The Federal Reserve is purchasing large quantities of agency debt and mortgage-backed securities to provide support to the mortgage and housing markets.

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NOW..All first time Home Buyers this is your shot!   The interest rates are changing sometimes 4 times in a day per my connection at Metlife.  Now setting in the 5 to 5.375 range for both FHA and 30 year fixed.

WOW!