Lock into Fixed Rate? - 5 Year Bond Rate Graph

If you did not like the run up on rates over the last year, it might be a good time to lock in now. 

Since November, bond rates dropped 1.0%.  Over the last month they went up .25%. 

Overall they are .75% below their highs.  

If you wanted to get into fix and were waiting for it to go lower, might be a good time to move on it. 

The key to doing this is understanding how your bank structures penalties.  Many banks have a bad penalty structure and some are good. 

Email back if you want to discuss.