Yes, rates have crept down today. No, they did not go to 4.5%. No, they are not lower than they were on November 25th. Will they go lower? I don’t know. Should you lock in? Yes, what are you waiting for!
Â
Again, I have blogging and blah-blahing about rates and greed and over exposure of the media. So, as I said to a client yesterday, make your decision on locking in your rate based on when you need to close not if you think (hope) the rate will go lower……..be happy!
Â
Dale Siegel