I’m loving these dropping rates. I just closed on a refi earlier this month at 4.375% and I just locked again at 4% with $2500 in rebate. If rate keep on dropping, I’ll refi again in 3-4 months and keep on accumulating those rebates. So, what’s the chances we’ll see a 3% no cost loan for 30 year fixed? That would be killer to lock in at 3% for 30 years. I’m making that much from my 5 year CD.
