With all the bad news around we seem to look past what is some GREAT NEWS. Interest rates are again at 5.5% for a 30 year fixed rate. You can get 15 year fixed rates below 5%. That is low considering just a few short weeks ago we were quoting 6.5% on most mortgage loans. The Federal Reserve has stated already they are willing to lower rates again at their meeting later this month. We are seeing property begin to move in early 2008 and with the news rates are so low sales should pick up.