If you bought a $150,000 house today your principle payment would be $783 per month.  This is based on the rates today of 4.5 to 4.75%.  Compare this to the rates 20 years ago 10.5% and that same house would cost you $1,425 a month in 1990. 

Homes are at the most affordable level in decades.  Low mortgage rates will allow for people who are willing to purchase now to really benefit from home ownership. To search the entire realtor database for a home simply go to http://www.TotalPropertyAccess.com