I just refinanced again, just closed.

[5yearwaiter]

[quote=EconProf]You must have nailed down that rate over a month ago, since they have really been ratcheting up since then. Congratulations. Timing is everything![/quote]

Now it’s a time to guess when would be the next drop in mortgage rates? is it possible again ?

[Coronita]

[quote=5yearwaiter][quote=EconProf]You must have nailed down that rate over a month ago, since they have really been ratcheting up since then. Congratulations. Timing is everything![/quote]

Now it’s a time to guess when would be the next drop in mortgage rates? is it possible again ?[/quote]

I think we’re done with ridiculous low rates…

I’m kicking myself. I was trying to get into a lower 15 year rate thinking it was going to be 3.00 when I could have locked in at 3.25…Instead I’m going to be stuck in 3.75 looks like for 15 years. I guess the positive side is that rates are now at 4%+ for 15 years. Now if only car manufacturers would start raising prices on their cars and get rid of the Holiday Bonus Dollars, I’d be a happy camper…

[Coronita]

[quote=5yearwaiter][quote=EconProf]You must have nailed down that rate over a month ago, since they have really been ratcheting up since then. Congratulations. Timing is everything![/quote]

Now it’s a time to guess when would be the next drop in mortgage rates? is it possible again ?[/quote]

I think we’re done with ridiculous low rates…

I’m kicking myself. I was trying to get into a lower 15 year rate thinking it was going to be 3.00 when I could have locked in at 3.25…Instead I’m going to be stuck in 3.75 looks like for 15 years. I guess the positive side is that rates are now at 4%+ for 15 years. Now if only car manufacturers would start raising prices on their cars and get rid of the Holiday Bonus Dollars, I’d be a happy camper…

[Coronita]

[quote=5yearwaiter][quote=EconProf]You must have nailed down that rate over a month ago, since they have really been ratcheting up since then. Congratulations. Timing is everything![/quote]

Now it’s a time to guess when would be the next drop in mortgage rates? is it possible again ?[/quote]

I think we’re done with ridiculous low rates…

I’m kicking myself. I was trying to get into a lower 15 year rate thinking it was going to be 3.00 when I could have locked in at 3.25…Instead I’m going to be stuck in 3.75 looks like for 15 years. I guess the positive side is that rates are now at 4%+ for 15 years. Now if only car manufacturers would start raising prices on their cars and get rid of the Holiday Bonus Dollars, I’d be a happy camper…

[Coronita]

[quote=5yearwaiter][quote=EconProf]You must have nailed down that rate over a month ago, since they have really been ratcheting up since then. Congratulations. Timing is everything![/quote]

Now it’s a time to guess when would be the next drop in mortgage rates? is it possible again ?[/quote]

I think we’re done with ridiculous low rates…

I’m kicking myself. I was trying to get into a lower 15 year rate thinking it was going to be 3.00 when I could have locked in at 3.25…Instead I’m going to be stuck in 3.75 looks like for 15 years. I guess the positive side is that rates are now at 4%+ for 15 years. Now if only car manufacturers would start raising prices on their cars and get rid of the Holiday Bonus Dollars, I’d be a happy camper…

[Coronita]

[quote=5yearwaiter][quote=EconProf]You must have nailed down that rate over a month ago, since they have really been ratcheting up since then. Congratulations. Timing is everything![/quote]

Now it’s a time to guess when would be the next drop in mortgage rates? is it possible again ?[/quote]

I think we’re done with ridiculous low rates…

I’m kicking myself. I was trying to get into a lower 15 year rate thinking it was going to be 3.00 when I could have locked in at 3.25…Instead I’m going to be stuck in 3.75 looks like for 15 years. I guess the positive side is that rates are now at 4%+ for 15 years. Now if only car manufacturers would start raising prices on their cars and get rid of the Holiday Bonus Dollars, I’d be a happy camper…

[IT.MOM]

[quote=EconProf]You must have nailed down that rate over a month ago, since they have really been ratcheting up since then. Congratulations. Timing is everything![/quote]

I guess it is a good idea to keep contact with a loan agent. Around october/November, our agent called and said “I think today is the day ……”

[IT.MOM]

[quote=EconProf]You must have nailed down that rate over a month ago, since they have really been ratcheting up since then. Congratulations. Timing is everything![/quote]

I guess it is a good idea to keep contact with a loan agent. Around october/November, our agent called and said “I think today is the day ……”

[IT.MOM]

[quote=EconProf]You must have nailed down that rate over a month ago, since they have really been ratcheting up since then. Congratulations. Timing is everything![/quote]

I guess it is a good idea to keep contact with a loan agent. Around october/November, our agent called and said “I think today is the day ……”

[IT.MOM]

[quote=EconProf]You must have nailed down that rate over a month ago, since they have really been ratcheting up since then. Congratulations. Timing is everything![/quote]

I guess it is a good idea to keep contact with a loan agent. Around october/November, our agent called and said “I think today is the day ……”

[IT.MOM]

[quote=EconProf]You must have nailed down that rate over a month ago, since they have really been ratcheting up since then. Congratulations. Timing is everything![/quote]

I guess it is a good idea to keep contact with a loan agent. Around october/November, our agent called and said “I think today is the day ……”

[IT.MOM]

[quote=rent4now]In your circumstance wouldn’t it be advisable to rent?

The amount you spent on commission to the realtors for you last 4 purchases negates any of the money you are “saving” by refinancing?[/quote]

Good point.

I am thankful that all the company relocation packages covers the loss when the house depreciate. And we got to keep the money when the house appreciate 🙂

We rented 1300sqft condo in carmel valley for $1900 for 2 years, and pull the trigger in 2009. With the refinance, our monthly mortgate is going to be only several hundreds $$ more than the rent price. I say, why not.

[IT.MOM]

[quote=rent4now]In your circumstance wouldn’t it be advisable to rent?

The amount you spent on commission to the realtors for you last 4 purchases negates any of the money you are “saving” by refinancing?[/quote]

Good point.

I am thankful that all the company relocation packages covers the loss when the house depreciate. And we got to keep the money when the house appreciate 🙂

We rented 1300sqft condo in carmel valley for $1900 for 2 years, and pull the trigger in 2009. With the refinance, our monthly mortgate is going to be only several hundreds $$ more than the rent price. I say, why not.

[IT.MOM]

[quote=rent4now]In your circumstance wouldn’t it be advisable to rent?

The amount you spent on commission to the realtors for you last 4 purchases negates any of the money you are “saving” by refinancing?[/quote]

Good point.

I am thankful that all the company relocation packages covers the loss when the house depreciate. And we got to keep the money when the house appreciate 🙂

We rented 1300sqft condo in carmel valley for $1900 for 2 years, and pull the trigger in 2009. With the refinance, our monthly mortgate is going to be only several hundreds $$ more than the rent price. I say, why not.

[IT.MOM]

[quote=rent4now]In your circumstance wouldn’t it be advisable to rent?

The amount you spent on commission to the realtors for you last 4 purchases negates any of the money you are “saving” by refinancing?[/quote]

Good point.

I am thankful that all the company relocation packages covers the loss when the house depreciate. And we got to keep the money when the house appreciate 🙂

We rented 1300sqft condo in carmel valley for $1900 for 2 years, and pull the trigger in 2009. With the refinance, our monthly mortgate is going to be only several hundreds $$ more than the rent price. I say, why not.

[Author]

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