Of course you (and everyone) want to take out a mortgage exactly
when rates are at the absolute bottom.
The problem is, market volatility (and rate swings can be major)
makes timing the market extremely difficult. While a low rate MAY
go even lower if you wait, it may go higher and stay higher.
Our advice: If you've found the perfect home and
are comfortable with the current rate and mortgage payment,
lock in that rate now rather than wait closer to the