[frogjerk]

If mortgage rates go up to where people decide to wait out the market again, that's just going to add to the inventory numbers and put more downward pricing pressure on all homes...

IF?!?!

It is already happening. I think the average 30yr mortgage is now at 5.95% up from 4.91% in about a week and a half!

[nfldgirl]

Two years ago I got a $264K ($275K appraised value) mortage at 6.0% - 100% financing with NO PMI...I’ve been checking into refinancing and cannot find a thing to suit my purpose....no more 100, 95 or even 90% refinancing without PMI. So, will just have to sit on what I have. As usual, those who “play by the rules” get screwed!