When is the best time to buy into your nest egg?

Most news reports are so negative these days that it’s hard to see any silver lining. The real question most people have not been asking themselves is how often does a great deal come around? When I was a kid I used to trade baseball cards with my friends. I could always count on trading a "Conseco" card for a "hall of famer" any day of the week. It was the hype! The holy grail of all trades came when I traded all my "Kirk Gibson's" for a second year "Nolan Ryan". This was too good to be true! I have never seen a better trade; sure I have heard of silly "Arod" trades for "Bonds" but never actually seen it. Not a good year, but short of getting a rookie card, a mint “Ryan” card, that was the best opportunity for me in my short baseball card trading years. I have been looking for a better trade ever since!

Right now we are in the midst of the best trade I have seen in a long time. Mortgage rates! I have not seen rates and home prices this good "EVER....NEVER". I know how banks make money; I know that the economy is bad; I know that the news says the financial sector is in Armageddon, but rates at 4.7% that is just awesome! When do you start investing in your largest nest egg (your home), when? People were buying houses when they were double the prices and the rates were 40% higher just a handful of years ago, remember that? I guess they have to start giving them away before people get out of their own funk. If I just had an extra $100K lying around, I could make $$$$

http://www.zillow.com/Mortgage_Rates/


I'll check under my seats, but if anyone else has an idea, let me know!