Home › Forums › Housing › 30 year mortgage rates hit 5% › gzz wrote:Wow that 10-year
[quote=gzz]Wow that 10-year 2.75 sounds a ton better than 5% 30 year.
Maybe my plan for a cash-out refi isn’t as dead as I thought.[/quote]
A colleague recently got a 30 yr fixed at 3.6% (April). I think he has over 50% equity. The loan isn’t being sold and is kept on the banks books.
First Republic is the bank. They can be picky but I’ve found it’s often worth jumping through their hoops.