[quote=moneymaker][quote=AN]30 year rate has dropped like the 30 years treasury yield. It’s still still at ~3.625%. Anything think we’ll see a closing of the gap and see 30 years mortgage rate hitting 3%?[/quote]
I’m thinking it could be lower for people with perfect credit scores of course points might also be necessary.[/quote]That rate is with 0 point. Of course if you buy down rate, you can get it lower. But it’s quite expensive and would take way too long to break even. I would hope that it would get down to ~3%, since at the bottom last time, you were able to get ~3.25% with 0 point.
