Buying a house is challenging

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I have been looking at the trends and it seems to be a great time to buy. Here is a great blog that talks about the real estate trends in SF:
http://www.socketsite.com/

I have also been very impressed with 30 year fixed rate mortgage for conforming loans. In SF a conforming loan (a loan that Fannie Mae will purchase from a bank) is a mortgage that does not exceed $625,500 with 10% down on a house or 15% down on a condo. Unfortunately the rates change daily and it seems that the Fed is sitting on their hands and not buying mortgage securities as promised and thus the rates are not as good as they were in December. I am hoping that it will get back to the 5.125% for a 30 year fixed again.

Mortgage Rates