Even more data after the markets closed:
Cashcall repriced same day and it is now 4.5% NCNF for 30 year conforming.
3.625% NCNF 15 year conforming
4.875% NCNF 30 year jumbo
To get back to 4.000% on a 30 year this afternoon, you have to pay a whopping 4.5 points. That is $13,500 not including the other costs of the loan on $300k. Points and miles won't make up $13.5+k.
I must have missed some of this conversation. But, if you were referring to my original post, I locked my rate in April at 3.25% and will close this coming Friday. Per the recommendations from all the earlier posts, I will likely wait until the following Monday or Tuesday before doing my mini AOR - 2 months after my previous one.
I wasn't asking whether I should lock rates now or wait... but maybe I missed part of the conversation.