When do I know that interest rates have hit bottom? The same time you know the market has hit bottom
WHEN THEY START GOING UP!
I got an email from a consumer the other day and they asked me to cut the hype and asked 'Are interest rates really that good' Let me put this into perspective, My dad had a ranching loan in 1956 at about 6%, 1978 interest rates were between 18-21%, and in the hot markets of the late 90's early 2000's we saw 7-9%. So what do you think of 3.25% for 15 years and 4.25% for 30! YES THEY ARE GREAT!!!