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Viewing 15 posts - 46 through 60 (of 91 total)
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  • June 3, 2009 at 3:43 PM #409948
    sdnerd
    Participant

    There is no equity, so there are no refi’s. The artificially low rates kick the can down the road, and the whole scary ARM reset chart is more bark then bite – right now.

    This is what makes up a large portion of the Shadow Inventory!

    Very, very, very few are going to write another 20%+ check in order to refinance.

    The question is which will come first – higher rates, inflation, a bailout, or a foreclosure. At any rate… as long as the teaser rates keep getting extended….

    June 3, 2009 at 4:35 PM #410510
    kelly
    Participant

    sdnerd… Would you talk about your situation for a story? Is that 3.25 percent a rate that your bank has acknowledged is an extension of your teaser?

    June 3, 2009 at 4:35 PM #409963
    kelly
    Participant

    sdnerd… Would you talk about your situation for a story? Is that 3.25 percent a rate that your bank has acknowledged is an extension of your teaser?

    June 3, 2009 at 4:35 PM #410664
    kelly
    Participant

    sdnerd… Would you talk about your situation for a story? Is that 3.25 percent a rate that your bank has acknowledged is an extension of your teaser?

    June 3, 2009 at 4:35 PM #410449
    kelly
    Participant

    sdnerd… Would you talk about your situation for a story? Is that 3.25 percent a rate that your bank has acknowledged is an extension of your teaser?

    June 3, 2009 at 4:35 PM #410201
    kelly
    Participant

    sdnerd… Would you talk about your situation for a story? Is that 3.25 percent a rate that your bank has acknowledged is an extension of your teaser?

    June 3, 2009 at 4:52 PM #410674
    afx114
    Participant

    [quote=SD Realtor]A buddy I play hockey with had a 5 year option arm. His loan reset 3 weeks ago. It used to be 5% and it just reset to 4.25%. [/quote]

    Please excuse the threadjack, but where do you play hockey SDR? I’ve been looking to play again but don’t know which rink is the best.

    June 3, 2009 at 4:52 PM #410520
    afx114
    Participant

    [quote=SD Realtor]A buddy I play hockey with had a 5 year option arm. His loan reset 3 weeks ago. It used to be 5% and it just reset to 4.25%. [/quote]

    Please excuse the threadjack, but where do you play hockey SDR? I’ve been looking to play again but don’t know which rink is the best.

    June 3, 2009 at 4:52 PM #410459
    afx114
    Participant

    [quote=SD Realtor]A buddy I play hockey with had a 5 year option arm. His loan reset 3 weeks ago. It used to be 5% and it just reset to 4.25%. [/quote]

    Please excuse the threadjack, but where do you play hockey SDR? I’ve been looking to play again but don’t know which rink is the best.

    June 3, 2009 at 4:52 PM #410211
    afx114
    Participant

    [quote=SD Realtor]A buddy I play hockey with had a 5 year option arm. His loan reset 3 weeks ago. It used to be 5% and it just reset to 4.25%. [/quote]

    Please excuse the threadjack, but where do you play hockey SDR? I’ve been looking to play again but don’t know which rink is the best.

    June 3, 2009 at 4:52 PM #409973
    afx114
    Participant

    [quote=SD Realtor]A buddy I play hockey with had a 5 year option arm. His loan reset 3 weeks ago. It used to be 5% and it just reset to 4.25%. [/quote]

    Please excuse the threadjack, but where do you play hockey SDR? I’ve been looking to play again but don’t know which rink is the best.

    June 3, 2009 at 5:08 PM #410540
    5yearwaiter
    Participant

    [quote=sdnerd]Mine just reset from 4.65% to 3.25%.

    Which is both good in regards to my payments, and bad in regards to houses I was hoping to be buying as REO.
    [/quote]

    Can you explain to us how is that kind of rate achieved through refinancing? – What’s the story involved in this achievement?

    June 3, 2009 at 5:08 PM #410479
    5yearwaiter
    Participant

    [quote=sdnerd]Mine just reset from 4.65% to 3.25%.

    Which is both good in regards to my payments, and bad in regards to houses I was hoping to be buying as REO.
    [/quote]

    Can you explain to us how is that kind of rate achieved through refinancing? – What’s the story involved in this achievement?

    June 3, 2009 at 5:08 PM #410231
    5yearwaiter
    Participant

    [quote=sdnerd]Mine just reset from 4.65% to 3.25%.

    Which is both good in regards to my payments, and bad in regards to houses I was hoping to be buying as REO.
    [/quote]

    Can you explain to us how is that kind of rate achieved through refinancing? – What’s the story involved in this achievement?

    June 3, 2009 at 5:08 PM #409993
    5yearwaiter
    Participant

    [quote=sdnerd]Mine just reset from 4.65% to 3.25%.

    Which is both good in regards to my payments, and bad in regards to houses I was hoping to be buying as REO.
    [/quote]

    Can you explain to us how is that kind of rate achieved through refinancing? – What’s the story involved in this achievement?

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