December 15th, 2011 11:12 AM by Eric Fang
I will prepare a news letter next week.
Personally I think 30 yr fixed 3.5% will be the bottom, though we did see 3.625% for a few hours. 15 yr fixed bottom will be 3.0%.
The bottom will last for sometime, so you will not miss anything. We should catch the best rate when the lender has "promotion".
Still continue doing the refi if you started. Prediction is nothing, until we really see it happening, like 5/1ARM bottom I predicted this summer.