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 to 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