Why you may want to refinance your home now.

Interest rates have dropped again. If you missed the last round of refinancing at the end of 2010, now may be your best opportunity to refinance.

Why you may ask?

According to this article at Mortgage News Daily, rates have decrease to their lowest levels this year (despite a slight uptick this last week). According to the article as well, many are waiting in the wings for rates to return to those lows. I see the chance of that occurring as very slim.

Last years drop in rates were due to QE2. I got news people, there isn't going to be a QE3. When people realize this is as good as it's going to get, we'll have another round of refinancing, which will push rates back up.

Get in while the gettings good.