Lower Rates But Not For Long

People who wait will probably pay for it ... it's better to buy or refinance now rather than outguess the market. These are still historically low rates, and waiting shows every indication of ultimately costing you more. This article, Mortgage rates trickle down, shows a small chart on the effect of rate changes vs. your monthly mortgage. So if you're wanting to buy, don't miss out on an opportunity to save money.