No closing costs? Seems to good to be true, you must read the fine print. But if you can get this deal, get it while its hot. A rate change in your mortgage of .875% is a great deal of savings. Six months from now rates are not going to climb if anything stay steady. The reports you see also say that the economy will take awhile to recover. When Fed’s cut rate’s in late March that will take a while to trickle down to us consumers. In the end if the pros can’t can’t even tell what the Feds are talking about, we can only take our savings now and run.