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….
The Mortgage Bankers Association announced this morning that applications for mortgage loans decreased 19.5 percent last week when compared to the week prior.