The mortgage industry is seeing a rebound of refinances based on the low rates that are hovering steady right now. Home loans cost a little more, but remain affordable
The mortgage industry is in turmoil.

Everyday brings new revelations about soaring foreclosure rates, billion-dollar losses and lenders shutting down, leaving borrowers in the lurch and thousands out of work.

Yet, through it all, interest rates remain surprisingly affordable.
Look for a rebound of mortgage refinances for another year or so before rates go up.