Have you seen the rates lately? I still consider anything under 8-10% to be a bargain. We might not see the 3-4% days for a while, but look back many years and you’ll see 8%, 10%, 12%, and even higher! Here’s some recent information that I found….
Last week, long-term interest rates dropped to their lowest point in two-years, and consumers took action, according to the latest Mortgage Applications Survey released today by the Mortgage Bankers Association.