The news from Lake Woebegone is not very tumultuous.  Fixed rates near 5.875% and the Libor trending to the low 2% range, just about where it was before our last Real Estate Boom in 2003.

If you are considering a Real Estate purchase, do compare Fixed vs. the Libor, since a $200-$500 monthly cash flow difference can mean a lot more in principle reduction, and quicker payoff for your real estate.

My apology for a not-so-exciting weekly report, but I personally am enjoying the soon 4.5% rate I will be enjoying on my own mortgage.