Mortgage rates dip

Mortgage rates on 30 year mortgage dropped to their lowest point in two months. 

Mortgage company FreddieMac says 30year mortgages averaged 6.59%.  and on 15 year rate dropped to 6.25%  Rates on one-year adjustable rate also fell to 5.65%

This means good news to buyers, with a large amount of inventory and housing prices are the best they've been in five years....it's time for buyers to seriously take a second look at purchasing.