From the Sacramento Bee:

The concept of historically low interest rates is a constant refrain in the real estate industry's favorite saying: "Now is a good time to buy."

This week, the industry has history on its side. Interest for 30-year fixed-rate loans fell to a two-year low – to 6.10 percent nationally – federal mortgage titan Freddie Mac said Thursday.

That's the cheapest rate for long-term home loans since the week of Oct. 13, 2005, the agency said.