Rates have had an exceptional run, without a single uptick in the past two weeks. But this won't last forever. Also, continuing to float is a fairly risky gamble these days. Still, it just might pay off. When it comes down to it, however, it's seems smarter to lock it in.
Bookmark this page for mortgage rates:
30-year (FRM) rates at 2.88% (-0.03%)
15-year (FRM) rates at 2.59% (-0.02%)
FHA 30-year Fixed rates at 2.45% (-0.05%)
Jumbo 30-year Fixed rates at 3.93% (-0.02%)
5/1 ARM rates at 2.88% (0.00%)
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RBS Citizens
Clifton Park, NY