By all signs the way the market is, it looks like a repeat of May 2013 where mortgage rates spiked up and never returned to the lower levels it was.  Millions of homeowners who had refinance mortgages in the pipeline never had a chance to refinance due to not locking their mortgage loans.  If you are in the process of refinancing and have not locked your mortgage rates as of today, I strongly recommend that you lock your rates as soon as possible.  Mortgage rates are still at historical lows and are 0.25% lower today than it was the same time one year ago.

Related> Mortgage Rates At Year Low

Related> Mortgage Rates

Related> Mortgage Rates Hit All Time Low