Home › Forums › Financial Markets/Economics › 5.00% no point loans at the moment…
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HLS.
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January 6, 2009 at 12:52 PM #325490January 6, 2009 at 1:01 PM #324996
HLS
ParticipantJEE
Rates are up from where they were this morning, 70 bps. On a $400K loan that is $2800 more than it cost this morning…Depends on loan amount..
Right now on a 15 YR
4.25% 1 point
OR
4.625% no point…SUBJECT TO CHANGE
January 6, 2009 at 1:01 PM #325333ParticipantJEE
Rates are up from where they were this morning, 70 bps. On a $400K loan that is $2800 more than it cost this morning…Depends on loan amount..
Right now on a 15 YR
4.25% 1 point
OR
4.625% no point…SUBJECT TO CHANGE
January 6, 2009 at 1:01 PM #325402ParticipantJEE
Rates are up from where they were this morning, 70 bps. On a $400K loan that is $2800 more than it cost this morning…Depends on loan amount..
Right now on a 15 YR
4.25% 1 point
OR
4.625% no point…SUBJECT TO CHANGE
January 6, 2009 at 1:01 PM #325419ParticipantJEE
Rates are up from where they were this morning, 70 bps. On a $400K loan that is $2800 more than it cost this morning…Depends on loan amount..
Right now on a 15 YR
4.25% 1 point
OR
4.625% no point…SUBJECT TO CHANGE
January 6, 2009 at 1:01 PM #325500ParticipantJEE
Rates are up from where they were this morning, 70 bps. On a $400K loan that is $2800 more than it cost this morning…Depends on loan amount..
Right now on a 15 YR
4.25% 1 point
OR
4.625% no point…SUBJECT TO CHANGE
January 6, 2009 at 1:40 PM #325036David J
ParticipantI realize this has nothing to do with you, but if I understand correctly, MBS prices skyrocketed today which I thought should mean lower interest rates and yet the lenders raised rates throughout the day? Looking at MBS prices I would think rates should be at 4% right now. There is a very good chance I don’t understand what is going on though.
January 6, 2009 at 1:40 PM #325374ParticipantI realize this has nothing to do with you, but if I understand correctly, MBS prices skyrocketed today which I thought should mean lower interest rates and yet the lenders raised rates throughout the day? Looking at MBS prices I would think rates should be at 4% right now. There is a very good chance I don’t understand what is going on though.
January 6, 2009 at 1:40 PM #325443ParticipantI realize this has nothing to do with you, but if I understand correctly, MBS prices skyrocketed today which I thought should mean lower interest rates and yet the lenders raised rates throughout the day? Looking at MBS prices I would think rates should be at 4% right now. There is a very good chance I don’t understand what is going on though.
January 6, 2009 at 1:40 PM #325459ParticipantI realize this has nothing to do with you, but if I understand correctly, MBS prices skyrocketed today which I thought should mean lower interest rates and yet the lenders raised rates throughout the day? Looking at MBS prices I would think rates should be at 4% right now. There is a very good chance I don’t understand what is going on though.
January 6, 2009 at 1:40 PM #325541ParticipantI realize this has nothing to do with you, but if I understand correctly, MBS prices skyrocketed today which I thought should mean lower interest rates and yet the lenders raised rates throughout the day? Looking at MBS prices I would think rates should be at 4% right now. There is a very good chance I don’t understand what is going on though.
January 6, 2009 at 1:43 PM #325041former SoCal
ParticipantMore specifically, I am in Contra Costa county and looking for a $625K loan, luckily the house hasn’t depreciated much and have about 30% equity I think.(former SoCal you see. Hope to retire to San Diego as soon as my retirement funds recover.) We have excellent credit and my husband and I both have steady jobs that are not in jeopardy of any sort. We were looking for 4.675 with 0 points until we discovered that we were too late for the Dec 31 closing deadline and too early for the credit union’s next conforming jumbo program.
January 6, 2009 at 1:43 PM #325379ParticipantMore specifically, I am in Contra Costa county and looking for a $625K loan, luckily the house hasn’t depreciated much and have about 30% equity I think.(former SoCal you see. Hope to retire to San Diego as soon as my retirement funds recover.) We have excellent credit and my husband and I both have steady jobs that are not in jeopardy of any sort. We were looking for 4.675 with 0 points until we discovered that we were too late for the Dec 31 closing deadline and too early for the credit union’s next conforming jumbo program.
January 6, 2009 at 1:43 PM #325448ParticipantMore specifically, I am in Contra Costa county and looking for a $625K loan, luckily the house hasn’t depreciated much and have about 30% equity I think.(former SoCal you see. Hope to retire to San Diego as soon as my retirement funds recover.) We have excellent credit and my husband and I both have steady jobs that are not in jeopardy of any sort. We were looking for 4.675 with 0 points until we discovered that we were too late for the Dec 31 closing deadline and too early for the credit union’s next conforming jumbo program.
January 6, 2009 at 1:43 PM #325464ParticipantMore specifically, I am in Contra Costa county and looking for a $625K loan, luckily the house hasn’t depreciated much and have about 30% equity I think.(former SoCal you see. Hope to retire to San Diego as soon as my retirement funds recover.) We have excellent credit and my husband and I both have steady jobs that are not in jeopardy of any sort. We were looking for 4.675 with 0 points until we discovered that we were too late for the Dec 31 closing deadline and too early for the credit union’s next conforming jumbo program.
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