July 16th, 2013 8:15 AM by Eric Fang
We might be able to see 4.0% to 4.125% for 30yr fixed soon. I still recommend to lock the ratearound 4% first and then wait for any possible of other refinance opportunties(for those whohad value problem before and missed the best rates).
If you have Provident Funding ARM program, please beaware that 5/1 ARM cap rate is 2/2/5. That meantyour 6th year rate is till below 5% if you have the rate below 3% now.