re: Mortgage Rates......

It literally jumped a point in the matter of two days. I locked in at 4.25 a few weeks ago. It was at 3.75 and jumped to 4.75 in the matter of days. Came down a little and I locked.

The other issue is now, they have caught onto all the people getting on the refi bandwagon and changed the PMI requirements

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what is the future outlook on rates? I have a year left of college and would like to know what to look forward to.

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Similar boat. I'm not sweating it. I'm more curious about what happens when they finally go back to normal levels. Will prices shoot back down? I mean we've not really had wage growth, the boomer population is winding down...are prices recovering just due to monetary policy.

I'm not saying they will crash, I'm just not worried about missing the boat. I'd rather 1.) Have 20% to put down, and 2.) Know that the prices are real.

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If you can rent it out I would. That's really free money.

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Agree, but I'm working on a purchase that would make a ton of sense and may allow me to put the equity on my current home right into my back pocket.

Either way...having started at 5.25% on a 30 year in 2007, this rate is uh-mazing

Closed on a 2.5% 15 yr last week. Had locked in the rate 2 mos. ago.

the 15yr rates is 3.75% this morning