August 7th, 2009 8:37 AM by Eric Fang
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 lowsany more. So we may need to adjust our expectation and get a low rate without missing the boat.