There has been an unexpected change in mortgage rates over the past few weeks, and people in interest only loans and other variable rate loans need to pay attention. If you’re going to be in your house for any period of time, this is very important. Because of some surprise movements in marketplace interest rates such as the 10-year Treasury, interest rates have gone down. If you’re buying a home, for instance, interest rates are great. If your credit score is solid, you can get rates between 5.12 and 5.5 percent. On a 15-year loan, you’ll find 4.75 to 5.12 percent loans. A 5/1 ARM is also a consideration. Rates on those loans are usually 5.25 percent. So, it’s possible to get great rates on refinances right now.