Mortgage Blog

We might be able to see 4.0% to 4.125% for 30
yr fixed soon. I still recommend to lock the rate
around 4% first and then wait for any possible
of other refinance opportunties(for those who
had value problem before and missed the best rates).

If you have Provident Funding ARM program, please be
aware that 5/1 ARM cap rate is 2/2/5. That meant
your 6th year rate is till below 5% if you have
the rate below 3% now.