May 19th, 2010 9:15 AM by Eric Fang
I think you all know that the rates are down But they are not for all programs. Conforming ARM is actually higher than before. And fixed rates are indeed lower. But still above or at the history low.
Some agents are marketing low rates. Before proceeding, please ask them how many day the rate will be locked and whether the rates are for the best case scenario.
Good luck. I am glad for those good rates again for everyone.