Interest rates are at an all time low of 4.57% for a 30 year, fixed rate loan according to a recent survey by Freddie Mac.

But now there is much speculation if this fabulous interest rate will keep the housing market at the fever pitch it was prior to the April 30th deadline for first time homebuyers to enter into escrow to receive the $8,000 federal tax credit.

Check out for yourself the chart that Don Nelson Team compiled for the  number of homes sold in the past 12 months for Ventura, Oxnard and Camarillo. Which city do you think hiccuped but has now rebounded to fever pitch?