Interest rates climbed nearly all the way to 5% this past Fall -- and over the past year have been at an average of 4.5%.

But since the first of the year, mortgage interest rates have been falling, falling, falling, further and further!  They are now, unbelievably at 3.99% for a 30 year mortgage.

So - if you're contracting to buy a house in the near future you may want to lock your interest rate in sooner rather than later.  It's hard to imagine we'll stay under 4% for long.