Hear We Go Again??????? Mortgage Rates..what are they at where are they going (interest rate, rate)

[westchester]

very simple ...what rates are you seeing out their and where do you think they are going...........30 yr fixed.................. I thought they would be lower by now!!!!!

[NatasNJ]

I see 4.625 or 4.75% out there. I am not sure they can go much lower. Maybe 4.5% but do you really expect 3% range?

[westchester]

[Daddys///M3]

Rates are flat right now and I don't see any evidence to show that they are moving lower at all in the short term.

[txgolfer130]

Rates WILL NOT hit 4%. 4.5% on avg., will be the bottom (some areas will be slightly lower, some higher). I would embrace the mid 4's and enjoy the great rates.

[forcedfx]

I just locked at 4.5 cost of 2 points. With 1 point it would have been 4.875. A little on the high side but I got $16k in extras thrown in by financing with them.

[hammester]

A couple of days ago i got 4.75% with no points. Seems like rates have gone up since than tho

[LeftCoastee]

I got 4.375% last week with 1 3/4 points.

[Synergy1]

We got 4.375% for .75 points last week. Interest rates, according to my RE Mortgage broker brother, may fall lower again but it will be very difficult to get the lower rates as they may fall for just approximately 1-2 hours then rise. It is kinda like a game where as the buyer is always on the paying side of getting a reasonable rate in today's economic mess.

4.75% seems to be a good rate today but the points will dictate what someone will finally be able to get. There is no such thing as something tossed in free because ultimately the buyer is gonna pay in the front or on the back of the loan, the buyer is gonna pay.

[lissy007]

We locked last week at 4.5% and 0 points. I'm doing the happy dance!!

Melissa