Just when you thought that rates couldn’t get any lower….

They did.  5 year fixed rates are as low as 3.45%.  Can you believe it?  I locked in my mortgage at the 3.89% range, thinking that I was at the lowest of the low.  And then they got lower.  I feel like the bonds yields are pointing and laughing in my face.  The finance minister also threw an empty beer can at the back of my head as I cried in my kitchen; talk about insult to injury.

And I have just received word that the rates are planning to climb back up.  Now would be a good time to lock in your mortgage or consolidate some debts.