Rates have pulled back a bit over the last week when they took a considerable jump but it doesn't mean people should hold off with the thought that it'll continue to get better. I have been fairly steady and accurate regarding people who are looking to be active in this market needing to be active sooner rather than later.

My push to act now isn't based on what is happening today, but rather what is likely to occur when you take a look at long-term historical data and where we will likely be a few years out – where we are likely to see higher employment, higher national housing prices, greater economic growth, and higher mortgage rates. This means today is a very good time to act when considering where the market is likely to be a few years out.

30 yr fixed mtg hit:	5.28%
in the city of:	Bellevue
in the state of	WA

                                                     Courtesy of Bankrate.com