What's your rate?

[grateful1]

No...not you're man-whore fee.

You're mortgage!

I'm hoping for 4.75!

<closing and 1pt recouped in 10 months>

 

[northernmoris]

Just closed with a 4.75% about 3 weeks ago.. Nice.

 

[Niko]

Ummm... I wish I had the credit for that kind of rate. I have a 6.50.

 

[grateful1]

Ummm... I wish I had the credit for that kind of rate. I have a 6.50.

Well, they still have to finish my paperwork but things appear ok...for now.

 

[Franco593]

Refinanced yesterday and Locked in at 4.375% for 15 years..

 

[Niko]

Ummm... I wish I had the credit for that kind of rate. I have a 6.50.

Well, they still have to finish my paperwork but things appear ok...for now.

That's awesome Gary! I don't know what your monthly mortgage payment is but .50 or a full point is a big savings.

 

[grateful1]

Ummm... I wish I had the credit for that kind of rate. I have a 6.50.

Well, they still have to finish my paperwork but things appear ok...for now.

That's awesome Gary! I don't know what your monthly mortgage payment is but .50 or a full point is a big savings.

I'm actually rolling the 1st and HEL into one.

In the long run I think I lose 10K(If I let it go to term)...but I wind up shelling out 2/3rds of what I'm paying now.
I can live with that...and pay it down early when(no if) things pick up.

It's all about cutting where I can - except cigars mind you!

 

[Devil Doc]

Rate. HMC. My house is paid for. Eat your heart out.

Doc.

 

[TheLostGringo]

Is this turning into a How Big is my Ding Ding thread :0

 

[grateful1]

Is this turning into a How Big is my Ding Ding thread :0

I see you chimed in!

Actually, the intent was to see what's going on around the country.

 

[tone-ny]

For a moment there I thought you joined the Navy!

 

[Devil Doc]

For a moment there I thought you joined the Navy!

Thanks. I haven't laughed that hard in a long time.

Doc.

 

[grateful1]

For a moment there I thought you joined the Navy!

Thanks. I haven't laughed that hard in a long time.

Doc.

Live it up there...just, live it up! :angry:

 

[lurch]

I got a flat 5.00% last Oct... I'm not sure if I could get any better now that the housing market went Kaput... ???

 

[MadMonk]

I'm at 6.625 from buying about 7 yrs ago. I've considered refinancing. I didn't realize they had gone so low.

 

[thinde]

5.25 with 7 years left. I'm not rocking the boat at this point.

 

[4thecrue]

I am actually looking as we speak at selling my town home and buying a single family. I was quoted 5.00 today on a 30yr fixed. i was hoping for lower as i heard they would be in the 4s. I have damn good credit so I am wondering the same thing. Should I be able to get lower?

Damon

 

[BobbyRitz]

5.5 - 30 year fixed. I need to look into refinancing.

 

[grateful1]

I am actually looking as we speak at selling my town home and buying a single family. I was quoted 5.00 today on a 30yr fixed. i was hoping for lower as i heard they would be in the 4s. I have damn good credit so I am wondering the same thing. Should I be able to get lower?

Damon

I was told if I pay a point(1% of loan) then they will take .25 off the interest rate.

 

[4thecrue]

I am actually looking as we speak at selling my town home and buying a single family. I was quoted 5.00 today on a 30yr fixed. i was hoping for lower as i heard they would be in the 4s. I have damn good credit so I am wondering the same thing. Should I be able to get lower?

Damon

I was told if I pay a point(1% of loan) then they will take .25 off the interest rate.

I have heard of paying a loan down before. I guess you have to figure would the 1% up front offset over the live of the loan in savings. What is killing my is these closing costs they showed me. I dont remember it being this bad last time as far as closing costs.