Mortgage Interest Rates Headed Down For Christmas?

Christmas is one week away... and mortgage interest rates seem to be dropping in anticipation of the holiday. ;-)

So... if you're looking for a last minute gift for a special someone... contract to buy them a house, lock in your mortgage interest rate, and my how appreciative they will be!

No, but really, mortgage interest rates have been all over the place over the past year... as high as 7.22% and as low as 6.08%.

They are currently on a downward trend back towards six and a half... though TBD if they'll stay there or keep dropping... for New Years!?