Is there typically a difference in refi V existing home sale V new construction rates ?
My son closed on a new construction about 6-8 weeks ago at 2.87% for 30 year. His house appraised for 80K more than he borrowed. The mortgage broker was a old baseball buddy.
Rates can't get much lower , my be bottomed out now. I wouldn't bank on them being lower next year. Just as soon as this Covid stuff and the election passes ,they'll raise them. No choice.