According to a published survey of national lenders, fixed mortgage rates are hovering at their lowest levels since spring. The Federal Reserve has made two rate cuts this year to ease concerns about the economy, and to spur on economic growth while maintaining inflation. Currently, the 30 year fixed rate mortgage is being offered in the low 6 percent range, while 30 year jumbo mortgages over $417,000 have been available in the low to mid 7 percent range.

The National Association of Realtors continues to report higher housing inventories across the country, making this one of the best times in recent memory for home buyers today. The combination of low rates and healthy inventory create a lot of opportunity for home investors.