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  • Chalet To Be Relocated

    enchalet1Park officials say the Enchanted Valley Chalet in Olympic National Park is being relocated to protect the east fork of the Quinault River. Enchanted Valley will be closed to camping for the first two weeks of September, while the move takes… Read More +

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  • Drones Banned At Olympic National Park

    drone policeOlympic National Park officials have banned the use of drones within park boundaries. The ban was approved by Superintendent M. Sarah Creachbaum last week, following a directive from the National Parks Service that ordered superintendents in its 401 parks to… Read More +

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  • Mariners Lose To Athletics 6-1

    mariners 8The fired-up Oakland Athletics came out swinging, and Chris Young's day was short-lived. Newcomer Adam Dunn hit a two-run homer as Oakland jumped to a five-run lead in the first, and Young failed to make it out of the inning as Seattle lost 6-1 to the Athletics on Monday. "I wasn't sharp. My stuff wasn't good, it was flat," Young said. "They came out super-aggressive, you could see it.

    Read More
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Housing Frenzy: Buyers Race to Close Deals Before End of Boom

b_250_0_16777215_00_images_obgrabber_2013-09_b0ce69eeea.jpgFuse/Thinkstock (NEW YORK) -- This could be the last chance for potential home buyers to take advantage of those historically low mortgage rates. The National Association of Realtors says August sales of existing homes hit their highest level since February 2007, with buyers rushing to get in before interest rates rise further. Sales of previously-occupied homes jumped 1.7 percent in August.

On Thursday morning, homebuyers could secure a 30-year fixed-rate mortgage at 4.42 percent, down from 4.56 percent last week.  Rates dropped overnight after Federal Reserve Chairman Ben Bernanke said the central bank would keep buying $85 billion in bonds each month.

So how long will this dip in rates last?  ABC News polled a number of analysts who say they expect the window of opportunity to close in about three months, and they don't think rates will go much lower than they are today. So lock it in now!

Copyright 2013 ABC News Radio

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