This is a good news. One or two months rate, we should have lower 15 yr fixed rates. So current 3.25% or 3.375% will be 'Fu Yun"(history). Please complete your current refinance first and wait for the best. The trend is still going as I predicted. That's a good way to go.
Sometime, I just don't want to say my target. Don't know whether we can reach it. Like 30 yr fixed 3.5%, 15 yr fixed 2.875% to 3.125%? Just a guess.
Eric Fang Mortgage Blog
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