Interest Rates - Again

This from RIS Media:

"Analysts said lower interest rates are helping stabilize the market. The rate on a 30-year, fixed-rate mortgage was 6.18 percent last week, according to Freddie Mac, the federal mortgage company. In the summer and in early fall, rates ranged from 6.6 to 6.8 percent. Sellers also have adjusted to the downturn by setting more realistic prices when they put their homes on the market, agents said. The strong economic performance of the last few months also is giving buyers the confidence they can afford a new home."

Since there are approximately 30% more homes from which to choose, and the interest rates are down, buyers of homes during this winter should have no trouble finding the place and meets all of their needs; and the low interest rates should make the process a lot easier.