Rate for 30-year Fixed Mortgage now at 4.80%

OK... this is just getting ridiculous -- in a good way:

Mortgage rates for 30-year fixed mortgages declined this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.80%, down from 4.84% at this time last week.

Seriously, with rates so low, and with the $8,000 tax credit final date on April 30th, I find it hard to believe that there will ever be a better time to be a first-time homebuyer.  If you're ready to get started, email me at mike@mikedavishomes.com !