Mortgage bond yields have flattened out at a remarkably low level, and mortgage rates have done the same. It's not too late to refinance. If you missed a refi opportunity a couple of weeks go, you have another chance now.
Bankrate conducts its weekly rate surveys on Wednesdays, and if the research department were making the calls today, we would end up with a benchmark rate of around 4.85 percent for the 30-year fixed. That would be a record low in the rate survey's 25-year history.