The market is starting to recover but what was once 4.50% ~ 30 year fixed conforming "No Points/No Fees" is now 4.75-4.875% with a $300K minimum loan amount, $417,000 maximum loan amount.  Loans $417K-$729K, aka "High Balance Conforming" are running 5.0-5.125% 30YF, on a "No Cost" basis ... this is still really "good," particularly if your in the low 5's or heaven forbid higher but the handwriting is OFF the wall and in your face so you best move fast before the party is over ...