Mortgage Blog

I tried to convince some of the clients who could not
get the 4.875% rate(30 yr fixed for no cost) last time
to adjust the target to higher rate(like 5.0% to 5.125%).

So far only a few took my advice. With the recent news
of the economy recovery, The rate will not go to low lows
any more. So we may need to adjust our expectation
and get a low rate without missing the boat.