Calm down but move quickly                Jun 18 2009

  Mortgage rates are up but we've gotten some relief this week.  After jumping 1%, rates have come back down about .5%.  But this may well be a short lived rally, so if you are thinking of refinancing this may be the time to start.......Many people have put off starting their refinance because they had been convinced that the 30 year rate would fall to 4.5%.......Remember, you can start the refinance and be ready and not have to lock in your rate until it hits your target.  You can start the process and never complete the refinance at all if the rate never gets to your level......But you must get me an application and invest in an appraisal.  That way we have a complete loan file which can be locked at any time......