From MSN Money- National Averages(APR): Low - 5.57% Average - 6.27% High - 7.17%

Steady as she goes...That's what we are seeing in the mortgage market. Good news!

What's the really good news? As the market changes, more wholesale loan products are available with great flexibility. Today I found several companies that had programs offering financing for investment properties needing a 100% refinance with stated income!!! No way...just last year the answer would range from NO to 90-95% loan to value max.

We'll see more flexibility as more and more people need to come out of the Option ARMs that are/were so popular.