Is this the last opportunity to purchase or refinance with bargain home prices and rates now at record lows?

For the past several months, rates have been low, but still above the record low levels they reached during the second half of last year. These rates presented a great opportunity for homeowners to refinance their home loan. It was even a better opportunity for those who were interested in purchasing their first home, an investment property or trade up. With bargains available, purchasing made so much sense for those who see real estate as a long-term investment and more importantly a better life for their family.

Are these record low rates about to become a distant memory?

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