patience grasshopper. At this rate (pun intended)
You’ll see 2.75 at no cost..Just wait until the economy just slightly dipping on oct/nov…Stock market will go down a bit. Job numbers will get worse…Europe will flare up again….And then
Mr. Ben will decide to put QE3 into high gear….

Then you’ll see rates plummet. Until then, just watch the show…

Morale of the story that I learned. In this environment do a no cost loan if you can…Chances are rates are going to go down further.

I figured out one advantage of a 15 year. Despite all the stupid refinancing, nothing like seeing a good portion to knocking down the principal. Dude…borrowed money is so damn cheap, and it keeps getting cheaper…