Housing Meltdown, Then and Now

Friday means it's time to look at interest rates and where they stand. Today it looks as if rates are around 5.17% for a 30 year fixed. As I was looking at rates I came across a pretty good article which talks about the financial/housing meltdown and what got us into the mess we were in. It's a pretty good and quick article to read and again hindsight is always 20/20. Take a look and make sure you're where you need to be in understanding the current market. As things pick back up, and in some places at a frantic pace do a little research and have a gut check, it could go a long way! Housing Meltdown Then and Now.