Jason Thomas of JMJ Financial and I give a market update and the big news with interest rates. As of last week we saw rates hit a little bit more than a 3 year low. Everyone got really excited when Mortgage News Daily in particular put out their daily rate survey on Friday and it had a five in front of it for their average 30-year fixed being quoted. 5.99%. Buyers are seeing scenarios in the fives depending on down payment qualification on conventional loans.
