What with all the recent positive news on the home-lending front, we should all be Optimists! More good news from the industry telling us that mortgage rates are
hitting all-time lows!
I was in a house this past week conducting an appraisal for a borrower trying to get a refinance. He told me that he was working on getting a 15-year loan at the ridiculously low rate of 2.875! My jaw about hit the floor!
You would almost be making money on a rate like that!