The Good News in Real Estate: Mortgage Refi's

It's January, typically a slow month in RE sales, which is certainly true in our area. Nationwide, we're in a recession, unemployment is rising, and the outlook remains grim for some months to come. But there IS some good news for homeowners.Mortgage rates have been falling since late November, when the Federal Reserve announced a plan to buy $500 billion of mortgage securities (MBS). Demand