Happy Friday!

Mortgage Bonds had a great week and are now giving back some of the gains. That means that the amazing 5% rates we saw on Wednesday are starting to disappear. Now is a great time to purchase a home if you have been considering it. It is also a great time to refinance a FHA loan before the streamline refinance's rules change on Nov. 18. This is how you can take part in the stimulus package if you don't qualify for the other incentives out there. Lock your loan into a low fixed rate and save money, it is a great time to do it all!