Menu

Home › Forums › Housing › I need to refi rates look amazing

Viewing 15 posts - 1 through 15 (of 69 total)
1 2 3 4 5
  • Author
    Posts
  • June 24, 2016 at 10:15 AM #22021
    treehugger
    Participant

    I am in Canada (Whistler) and wow they left the EU…interest rates look amazing! Looked online saw rates below 3.25

    I am currently at 3.5 30 year fixed if I can get rate lowered at no cost to me I am in! HLS if you are around or anybody has a broker recommend with low rate please pm me!

    Do you folks things will stabilize in the next week? I am out til next Thursday.

    We are headed out to ride but would appreciate any info!

    June 24, 2016 at 10:34 AM #799031
    an
    Participant

    I am considering the same thing. So far, online, they haven’t showed any movement yet. Maybe they will post it tomorrow. I just refi-ed no cost at 3.5% just a couple of months ago, but if I can do it again now at 3.325% or less, that would be awesome.

    June 24, 2016 at 2:09 PM #799042
    all
    Participant

    AimLoan has 3.25% with no points, but there are closing costs.
    They show 10/1 adjustable at higher rate than 10 or 15 year fixed.

    June 24, 2016 at 4:35 PM #799054
    utcsox
    Participant

    Couple of lenders (Aurora and Sebonic Financial) are doing 3.250% APR with $1 in fees from Zillow Mortgage…

    June 24, 2016 at 5:45 PM #799058
    an
    Participant

    Sebonic has been offering 3.375% with ~$1500 credit for awhile now. So, rates hasn’t changed much today. Let see if I can get 3.375% with ~$4-5k in credit and I’ll pull the trigger.

    June 24, 2016 at 7:42 PM #799066
    utcsox
    Participant

    [quote=AN]Sebonic has been offering 3.375% with ~$1500 credit for awhile now. So, rates hasn’t changed much today. Let see if I can get 3.375% with ~$4-5k in credit and I’ll pull the trigger.[/quote]

    You shall pull the trigger then. The conforming loan is 3.375% with ~$4K in credit. Is this better than 3.25% with $1 fee?

    June 24, 2016 at 7:44 PM #799077
    Coronita
    Participant

    I envy you guys. I wish I had a home worth taking a 30year out on right now…

    June 24, 2016 at 8:52 PM #799078
    an
    Participant

    [quote=utcsox][quote=AN]Sebonic has been offering 3.375% with ~$1500 credit for awhile now. So, rates hasn’t changed much today. Let see if I can get 3.375% with ~$4-5k in credit and I’ll pull the trigger.[/quote]

    You shall pull the trigger then. The conforming loan is 3.375% with ~$4K in credit. Is this better than 3.25% with $1 fee?[/quote]
    Really? Can you share which lender is offering 3.375% with ~$4k in credit? The best I found on Zillow is 3.375% with $2600 in credit.

    As for which is better, it’s up to you. As for me, I prefer to only refi when it covers all cost + property tax + insurance + lowering my interest rate. I did this a couple of months ago at 3.5% and would gladly do it again soon if it hit my threshold of ~$4k in credit.

    June 24, 2016 at 8:53 PM #799079
    an
    Participant

    [quote=flu]I envy you guys. I wish I had a home worth taking a 30year out on right now…[/quote]Cash out refi?

    June 24, 2016 at 9:01 PM #799080
    utcsox
    Participant

    I think this is what Sebonic Financial is offering per my Zillow mortgage mobile app.

    June 24, 2016 at 9:40 PM #799081
    an
    Participant

    Sebonic Financial is showing 3.375% with $2600 in credit on Zillow website for me. This is for conforming 30 years fixed.

    June 25, 2016 at 11:25 AM #799092
    Panderso
    Participant

    FWIW we just called Sebonic this morning to refi our condo and they are basically honoring what they advertised (many do not). We got an instant quote for 3.25 with $1,300 in fees, ended up getting that exactly except $1,500 in fees.

    You must mention that you found the info on Zillow though or else they will give you a worse rate.

    June 25, 2016 at 6:11 PM #799112
    utcsox
    Participant

    [quote=AN]Sebonic Financial is showing 3.375% with $2600 in credit on Zillow website for me. This is for conforming 30 years fixed.[/quote]

    Well, the balance I use is $417,000. If your balance is lower than that, then sure you will have a lower amount of credit.

    June 25, 2016 at 9:34 PM #799123
    an
    Participant

    [quote=utcsox][quote=AN]Sebonic Financial is showing 3.375% with $2600 in credit on Zillow website for me. This is for conforming 30 years fixed.[/quote]

    Well, the balance I use is $417,000. If your balance is lower than that, then sure you will have a lower amount of credit.[/quote]
    I used $400k, cuz it’s quicker to type.

    June 25, 2016 at 9:40 PM #799125
    Coronita
    Participant

    [quote=AN][quote=flu]I envy you guys. I wish I had a home worth taking a 30year out on right now…[/quote]Cash out refi?[/quote]

    You’re killing me and mocking me at the same time, lol…..

    I’m an old man now… And old fart… I’m expecting my AARP card in the mail anyday now, and I think I should go shop for an oldsmobile. The thought of having another 30 years to go….Dude….I’m going to be eating out of a straw…

    No sir, only going to happen with another home purchase….I can’t find anything good though. Rental or Primary…

  • Author
    Posts
Viewing 15 posts - 1 through 15 (of 69 total)
1 2 3 4 5
  • You must be logged in to reply to this topic.