The current Bankrate benchmark 30-year is 4.17%. That is, by historical standards, absurdly low. The likelihood that a rate drop will 1. occur, and 2. materia

The current Bankrate benchmark 30-year is 4.17%. That is, by historical standards, absurdly low. The likelihood that a rate drop will 1. occur, and 2. materially contribute to your financial well-being, is very low. Part of the reason is that when rates drop, prices tend to rise. https://fred.stlouisfed.org/graph/?g=NUh https://fred.stlouisfed.org/graph/?g=NUh