Quote:
Originally Posted by KingOfJericho
The reality is that they're not going to "plunge" from here. We've definitely seen rates drop full points in a short period of time but that was when they were much higher and/or the Fed intervened. It's not like the 10yr is suddenly going from 1% to -2%.
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But you'd agree that at the moment it's a great time to refinance, correct? I mean, it could still drop, but probably won't go more than .5 less?