So the world stock markets seem to be in full retreat again. But on the plus side the 10 year treasury rate is tanking right along with them. This in turn is dropping the interest rates again. Just when everyone expected them to rise (and they did for a month or two), the stock markets throw some fuel on the real estate market. Rates on a 30 yr fixed are down to 4.625% and I've seen a few at 4.5% with no points. That's a mighty fine rate.