Mortgage Blog

The rate trend should be like this:
1)It will take a rest first before
going down further.

2)If 30 yr fixed goes down 4.5% to 4.625%
in the next month. There are still not
much refinance opportunities since most
of us have lower than those rate.

3)15 Yr fixed rate may have the opprtunity
of 3.75%. The current best rate is
3.875%.

4)We have a few properties appraised at
very low value(the buyers can not believe it).
We disputed the value, no chance to have
better value. So you still don't need to
wait if the value is on the border line
of 80% or 75% LTV.