images Fantasy makeup I did photographer#39;s pictures ofthakurrajiv03-26 05:01 PMSo what do you advise, is it right time to refinance or wait it out and why? Unfortunately, there are no simple answers. Mortgage rates are tied to 10 year bond rate, so they generally are not affected much by short term fed rate. With credit crunch, bond market is in real bad shape. Fed is trying to supply short