http://www.mortgagenewsdaily.com/consumer_rates/87338.aspxIf you read the blog yesterday, I stated that we were in need of a rally in treasury yields in order for prices of mortgage backed securities to improve before mortgage rates to could move lower. Well, that is what happened. The benchmark 10 year treasuryenCommunityServer 2008 SP2 (Build: 31106.96)http://www.mortgagenewsdaily.com/consumer_rates/87338.aspx#87553Sat, 27 Jun 2009 07:23:05 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:87553Mutuo casaWhy Aren&#39;t Mortgage Rates Lower? <a href="http://www.mutuo-prestito.org/">Mutuo<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=87553" width="1" height="1">http://www.mortgagenewsdaily.com/consumer_rates/87338.aspx#87458Fri, 26 Jun 2009 20:46:28 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:87458Victor BurekFrank, i am hoping with you. Thanks for the comments. Have a great weekend.<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=87458" width="1" height="1">http://www.mortgagenewsdaily.com/consumer_rates/87338.aspx#87423Fri, 26 Jun 2009 19:20:27 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:87423frank lettermanTHanks guys. It&#39;s a sigh of relief for me even thought I locked at 5.375%, been watching the rate closely for the past few weeks. I&#39;m so regret I did not lock at 4.75 in May. hopefully the rate keeps dropping and I can float down. I&#39;m closing in 18 days. <div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=87423" width="1" height="1">http://www.mortgagenewsdaily.com/consumer_rates/87338.aspx#87422Fri, 26 Jun 2009 19:19:04 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:87422Sarah ReedCan anyone offer an opinion on aim loan- anyone refi with them? we like their current rates and the way they post online the entire process step-by-step. We want to refi but WF- ex Wachovia our loan holder-has higher rates now. Any info will be appreciated.<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=87422" width="1" height="1">http://www.mortgagenewsdaily.com/consumer_rates/87338.aspx#87387Fri, 26 Jun 2009 17:40:51 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:87387Victor BurekFrank, to early to consider a float down. With no points you got a good rate. thanks to all for your comments.<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=87387" width="1" height="1">http://www.mortgagenewsdaily.com/consumer_rates/87338.aspx#87367Fri, 26 Jun 2009 17:07:42 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:87367Dan LarkinWe are at 5.125% for a 799 fico 80%LTV and overly fat at 5.25%, we have seen a tremendous improvement in our pricing today, only Chase has pulled back a tad. Depending on the broker and what bank he locked you at a .25% float down should not be a problem.<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=87367" width="1" height="1">http://www.mortgagenewsdaily.com/consumer_rates/87338.aspx#87357Fri, 26 Jun 2009 16:54:20 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:87357john schnyderitetmj, talk to your LO..mine allows float down on .25 difference or more. he&#39;ll be able to advise you better than us whether its available to you and worthwhile given your situation<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=87357" width="1" height="1">http://www.mortgagenewsdaily.com/consumer_rates/87338.aspx#87355Fri, 26 Jun 2009 16:51:03 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:87355john schnyderitefrank, 5 - 5.25% is for &#39;best qualified&#39;, and depends on loan amount..i&#39;m quoted 5.375% today with 799 credit score so you did fine<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=87355" width="1" height="1">http://www.mortgagenewsdaily.com/consumer_rates/87338.aspx#87351Fri, 26 Jun 2009 16:38:53 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:87351TMJ99What is a float down? If I lock today &amp; close on July 15 (Going through a broker) would a float down be available or is it only if you are locking further out and the underwriting hasn&#39;t been done? <div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=87351" width="1" height="1">http://www.mortgagenewsdaily.com/consumer_rates/87338.aspx#87346Fri, 26 Jun 2009 16:29:39 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:87346frank lettermanwhattt? I locked yesterday at 5.375% no point no fees. should i take the float down?<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=87346" width="1" height="1">