Have you seen the rates lately?  I still consider anything under 8-10% to be a bargain.  We might not see the 3-4% days for a while, but look back many years and you’ll see 8%, 10%, 12%, and even higher!  Here’s some recent information that I found….
The report of new home sales was a bit contradictory compared to the existing home sales report. Sales of new homes were down a bit last month from January levels.