The national average on a 30-year fixed rate mortgage dropped to 4.36 in August 2010–lower than it’s been in the past half century. (this is trending upwards today as the rate is 4.75% which is still crazy low–but moving up) Interest rates a year and a half ago averaged 5.19%, representing a difference of $90 in the monthly payment on a $200,000 home with 10% down payment, as well as a savings of $32,460 over the life of the loan. For more reasons why now is prime time to buy a home, contact me and I’ll send you a free eBook.