It sounds like I missed the 2012 boat on mortgage refinancing.
The Mortgage Bankers Association said last year was the peak year. Refinances made up nearly three-quarters of all mortgage originations in 2012.
That is expected to decline to 58 percent this year and 34 percent next year, according to a recent Fortune story.
But with mortgage rates still hovering around historic lows, I suppose I still have time to lower my rate.
Mortgage buyer Freddie Mac said the rate on the 30-year loan fell to 3.38 percent last week from 3.40 percent the previous week.
The low was 3.31 percent in November.
Meanwhile, it also was reported last week that additional mortgage reforms are coming to help out borrowers facing foreclosure.
The new rules are meant to create a fair process and alleviate any concerns about where a mortgage borrower's money is going.
More transparency in business is a good thing. I think it helps build consumer trust.
Plus, are we really ready for another crisis in the housing market? As year-end data from 2012 proved, we're finally starting to turn the corner and get back to a healthy market nationally.
Jason Scott covers state government, real estate, media and marketing, and Dauphin County. Have a tip or question for him? Email him at email@example.com. You can also follow him on Twitter, @JScottJournal.