Great news–interest rates on conforming loans (those at 417K or less) for 30 year fixed loans at Long Mortgage are at 5.875%.  Jumbo loans (those at 417K or more) are at 6.625% for 30 year fixed loans.  What a great time to buy! Interest rates are rarely this low and there is good inventory of homes for all those who want to find their place in the sun!