Interest Rate Update

This is a great article and although no one knows what rates will do exactly I feel they are on the right track.  The most important part is this:

Get started on paperwork. Once you’ve found the mortgage professional you’d like to work with, get started on the necessary paperwork, said Dan Green, loan officer with Mobium Mortgage in Cincinnati and author of TheMortgageReports.com. Rates move regularly, and if paperwork has been started your file can be processed more quickly when rates hit a low. When you start the application process, your credit score will be pulled and you’ll need to submit support documentation including W-2 forms and pay stubs. You might be asked for updated documents nearer to closing. “

http://www.marketwatch.com/story/get-ready-to-pounce-on-lower-mortgage-rates?siteid=rss