Most lenders don't have the 5% declining market now

Fannie Mae does not have the guideline now.

For the rate, it's at the high end of 5.75%-6.75%.
It should go lower in the short term. You don't have to refi now, but for purchase, you can refi anytime later if the market rate is high and you have only 30(or 45) day window.

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Thank you very much! -拿不定主意- 给 拿不定主意 发送悄悄话 (0 bytes) () 10/30/2008 postreply 16:53:06

Would you mind recommending good loan brokers in Bay -美西游子- 给 美西游子 发送悄悄话 美西游子 的博客首页 (13 bytes) () 10/30/2008 postreply 17:07:49

Himself, hehe ^_* -gornogo- 给 gornogo 发送悄悄话 (0 bytes) () 10/30/2008 postreply 20:33:11

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