Anyone think mortgage rates will drop further or have they bottomed out?

Question by chitownlifer: Anyone think mortgage rates will drop further or have they bottomed out?
Want to refinance 1st mortgage which is currently at 6.65 % and 2nd mortgage is at 8.88%.

Best answer:

Answer by pinky
Don’t ask me. Some years ago I said we’d never see single digit first mtg’s again.

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