Thanks to fellow Realtor Lenn Harley in Maryland for the historical mortgage rate information; you might find it a real eye opener. Interest rates may not be what they were a year ago, but they are certainly better than they were in the 1980s!  If you check this link you will see what I am talking about: http://www.homefinders.com/historical-interest-rates/ I will also keep the link available on my blog (see left hand column).