A 30 year conventional loan with a credit score over 720 and can get a rate of 4.125% with APR 4.285% & NO points with a 45 day lock.  15 year conventional loans can be 3.250%.  VA, FHA and USDA have similar rates, so THIS IS A GREAT TIME TO PURCHASE A NEW HOME & LEAVE SOME EXTRA MONEY IN YOUR POCKET.  Even with the Federal Reserve raising the short-term interest rate in March, usually mortgage rates follow suit – but did NOT this time.  We will see, won’t we!