By: Leslie Williamson

Mortgage rates are at the lowest levels to date for the year. The average rate on a 30 year fixed loan declined this week to 4.84 percent from 4.93 percent a week ago.

 The combination of the low interest rates with the deep discounting of home prices creates the perfect opportunity for a home purchase. Many builders and developers are even continuing the tax credit in some form or fashion by offering paid closing costs. Also there are still down payment assistance programs for the First Time Homebuyer.

Opportunities are still available in the housing market take advantage and buy now!