[quote=stockstradr]It causes me pain to write this, but for once I agree with flu.
We are gonna see 3% rates (pay no points) on the 30-year fixed before this is all over
..because deflation is here, and getting worse. Ben Bernanke will pull out the sledgehammer now. This includes pulling the 30-year long bond down below 3%[/quote]
Holy fvcking sh!t… You know it’s a sign if we actually agree on something. Actually, the funny thing is I refied from a 30 to 20 year with almost 1% lower than my original 30 yr…Next time it’s going to be a 20 to 15 yr, hopefully within 5 years…Rates are just insane.