I’m watching this closely as well as we want to refi our rental home. I noticed on Bankrate that usually I would get up to 10 different quotes, now I’m only seeing about 5 come up for this area….do you think this is due to the credit crunch, just not as many willing to finance in this region?? Mortgage Capital Assoc. usually had lower rates and quote a reasonable fee, they are at 5.1% today…not too bad…
What are your thoughts on how low this could go? I’m excited to get this done though and long term have a great rate and save some $$$. On the flipside, we too had a CD resetting, but it locked in beggining of month, still not too good though.
