Rates just got even better today. If you have been able to read the news today you will see that the stock market got slammed today with reports of poor earnings, weak economy and a falling dollar. This has helped send the bond down which in turn as affected mortgage rates. Rates this morning came in at about an .125 better from yesterday and with all that has happened today should be even better by Monday!
What does this mean?! If you are on the fence about refinancing get in now. They may not fall much lower than where they are at now. So if you are okay with the payment than lock it in.
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