Statements like “interest rates are at record lows” make for good headlines. And they certainly motivate prospective renters to get up off the couch, shift their house hunting into a higher gear, and take advantage of the current low, low rates.
Maybe you’re pre-approved for a home loan and you’re starting to house hunt. Or perhaps you just found your dream home and are ready to put in an offer. Or maybe you bought a home back when rates were higher and you’re hoping to shave your monthly payments by refinancing.