[turbo6bar]

I'm not an economist, and I haven't stayed at Holiday Inn Express. I've been told mortgage rates generally follow the 10 yr treasury bond. It's at 3.76% now, and that's the lowest I've seen in several months, if not longer. You can expect the treasury bond yield to go up if the stock market starts to heat up, and mortgage rates would climb.

Truth is no one can predict mortgage trends. Check web sites like bankrate.com, and the experts don't even agree.

You need to look at the rate on your existing mortgage to see if it's worthwhile. Cash out or refi balance? Prepared to start over at square one (360 or 180 payments)?
Jürgen