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Originally Posted by MarineHawk
I noticed that the 10-year bond rate fell 0.049% today. Do you think it will get back near or below 4.5%? I only ask because mortgage rates seem to follow the 10-year bond up and down. I need to refi my Virginia house sometime in the next 6 months. I would like to wait at least until April. Where do you see mortgage rates going during the rest of the year?
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My crystal ball is on the fritz, sorry.
The bond market has a nice, slow, steady decline. I would see what a 90 day lock would cost you now, anyway. It might be worth it.