Fixed rates on 30 year loans last week dropped to their lowest rate in ten months and now average 6.15%. American homebuyers have rfeacted by applying to refinance at a rate faster than any week since early 2005. This certainly does not qualify as a boom, but all the signs are there for the trend of lower mortgages to continue. Certain analysts on Wall Street are predicting that rates will go as low as 5.75%. Good news for the housing market. And a great time for realtors to get in front of a new audience of buyers by instigating a blog marketing campaign.