Mortgage Blog

We are very hard to predict the market. But it's very
easy to predict when the rate is high. It is only matter
of the time that how long will it take to go down more.

Personally I don't think we will not re-visit the history
low rates any time soon(30 yr fixed 4% for conforming;
4.25% for 600k loan). But it's the time for the strategy.

You will have to decide the following:
1)Which loan program is the best for you.
We all know that it will go up faster when
the economy is better.

2)What's your expected rate? What will you do
if the rates will go as much as you want

3)When do you need to refi? Rate might not recover as
fast as you want.

4)The bond market(and the rates) will be volatile
in the coming months. How do we handle it?

And we don't have to focus too much on the rate.
It will only save us limited money. There should
be lots of opportunities in 2011. Good luck.