[mathieutd]

Mortgage rates have moved surprisingly little. They usually trade at around a 2% premium over the 10-year government bonds for a 30-year fixed. Right now that would mean about 2.8% but my local bank quotes 3.5%. My guess is that spread is going to shrink over time but who knows. I'm waiting...

[edoceo]

It dipped last week, but popped back up from refi surge. I'm thinking to give a few weeks to settle. Hoping to see 3.0