NOW is the time to BUY!!
How can you lose? LOCK your rate now at lowest rates ever 5% and lower!!
If after your rate is locked, and if rates improve a .25% or More in rate, you can take advantage of lower interest rates up until 5 Business days before closing.
One of our 1st time home buyers who recently settled in January 09, initially locked their FHA rate at 5%. Well 5 business days before closing, rates improved, and since our clients on our daily calendar, we contacted them, and lowered their rate to 4.75%.