2018?
I stopped after 2016 since the rates started creeping up. Managed to get near the bottom.
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As people mentioned in this thread, it was possible to get 3.5 or even a little below that because you can get discounts for opening accounts with these banks. Top tier checking gets you 1/2 point shaving. I did that for an investment prop. Loan agent just said to open account, fund it, get mortgage discount points, and then close it after 3-4 months if I wanted to move it out 
But obviously you need the additional liquidity to get the top tier account.
Rates so high now though cry
Donāt some banks offer a discount if you auto pay the mortgage from a checking account with them? Iāve seen that promo before. Iām not sure if it exists today. It makes a lot of sense for the bank in terms of lowering servicing costs and retaining the checking account business.
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Yep, thatās how it works. You only need to keep it open for a few months though 
1/8 or 1/4 point for autopay, and then another 1/8 or 1/4 depending how high tier checking you do. Gives you about 0.5% off potentially.
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Iām at 3.625/$1300 net closing cost/30 year fixed.
So, doubt it that I can refinance lower today with zero/low closing cost. 
I never saw a rate at 3.65%. They all quote 3.625
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I suspect thatās what he meant. Highly unlikely to get lower than 3.625% today in a no cost refi.
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Corrected
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Mortgage rate is already in the inverse curve. Expired ARM rate is 5%, higher than 30 year fixed. Maybe mortgage rate will peak sooon
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I think the rate that got quoted was 2-3 months old for one of them. The other said it was recent quote.
Still fake news!!
Current Rates
National Average Rate* Points
30-Year Fixed 4.6% 0.4
15-Year Fixed 4.08% 0.4
ARM 3.93% 0.2
5/1 3.500% 3.623%
7/1 3.750% 3.788%
30y 4.250% 4.412%
3 months later, itās pretty similar.
BofA is very hard to work with. I would rather get a higher rate at a different bank
I can put you in contact with my buddy.
I got 30 year fixed for 4.00% 4.0375% (got few discounts).
Rates are still pretty decent. Inching up slowly but nowhere close to 5%.
BoFA is our primary banker but they never reached out to us till we called them to a wire transfer for EMD. The best they could offer after scrambling was 4.25% 4.2875%
How come you guys/gals donāt like to use someone like my Tracie, an independent mortgage broker who can find you the best lender or best appropriate program that fits your financial situation/profile? Her rates via Googain are the best probably around.
The recent San Bruno loan I got was 3.875%, no cost/no fee 7 years fixed, non confirming, investment home loan. I figured why pay the premium for the 30 years fixed when I am going to most likely sell the place within 7 yearsā¦
Can I have Tracieās contact?