OT: Paging AN….30 year fixed rate

[Coronita]

Ummm…

My first reaction is. Oh crap…Look at the 15year fixed.

Rate/apr/points
3.500% 3.622% 0.000%
3.250% 3.628% 1.750%

Now, I’m going…Gee look at the 30year fixed.

Rate/apr/points
4.000% 4.122% 0.000%
3.750% 4.016% 1.750%

http://aerofcu.mortgagewebcenter.com/Default.asp?bhcp=1

Sigh….

[Coronita]

Maybe if I keep looking the 3.5% is gonna become 0.35% 🙂

Ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh!

[Coronita]

Maybe if I keep looking the 3.5% is gonna become 0.35% 🙂

Ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh!

[Coronita]

Maybe if I keep looking the 3.5% is gonna become 0.35% 🙂

Ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh!

[Coronita]

Maybe if I keep looking the 3.5% is gonna become 0.35% 🙂

Ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh!

[Coronita]

Maybe if I keep looking the 3.5% is gonna become 0.35% 🙂

Ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh!

[equalizer]

[quote=flu]Ummm…

My first reaction is. Oh crap…Look at the 15year fixed.

Rate/apr/points
3.500% 3.622% 0.000%
3.250% 3.628% 1.750%

Now, I’m going…Gee look at the 30year fixed.

Rate/apr/points
4.000% 4.122% 0.000%
3.750% 4.016% 1.750%

http://aerofcu.mortgagewebcenter.com/Default.asp?bhcp=1

Sigh….[/quote]
That rate is for members only, must be heavily financed by company. Membership is limited to employees of company and of the small LA base.

On Bloomberg today I heard ML analyst stating that Govt is going to but T-bonds til 10yr hits 1.99%! He didn’t think it would bring mortgage rates any lower, but it would mean rates aren’t moving up any time soon. I think Gross is right, the rates aren’t moving up anytime soon until flu’s new IPO gets rolling and he starts hiring thousands of well paid professionals.

[equalizer]

[quote=flu]Ummm…

My first reaction is. Oh crap…Look at the 15year fixed.

Rate/apr/points
3.500% 3.622% 0.000%
3.250% 3.628% 1.750%

Now, I’m going…Gee look at the 30year fixed.

Rate/apr/points
4.000% 4.122% 0.000%
3.750% 4.016% 1.750%

http://aerofcu.mortgagewebcenter.com/Default.asp?bhcp=1

Sigh….[/quote]
That rate is for members only, must be heavily financed by company. Membership is limited to employees of company and of the small LA base.

On Bloomberg today I heard ML analyst stating that Govt is going to but T-bonds til 10yr hits 1.99%! He didn’t think it would bring mortgage rates any lower, but it would mean rates aren’t moving up any time soon. I think Gross is right, the rates aren’t moving up anytime soon until flu’s new IPO gets rolling and he starts hiring thousands of well paid professionals.

[equalizer]

[quote=flu]Ummm…

My first reaction is. Oh crap…Look at the 15year fixed.

Rate/apr/points
3.500% 3.622% 0.000%
3.250% 3.628% 1.750%

Now, I’m going…Gee look at the 30year fixed.

Rate/apr/points
4.000% 4.122% 0.000%
3.750% 4.016% 1.750%

http://aerofcu.mortgagewebcenter.com/Default.asp?bhcp=1

Sigh….[/quote]
That rate is for members only, must be heavily financed by company. Membership is limited to employees of company and of the small LA base.

On Bloomberg today I heard ML analyst stating that Govt is going to but T-bonds til 10yr hits 1.99%! He didn’t think it would bring mortgage rates any lower, but it would mean rates aren’t moving up any time soon. I think Gross is right, the rates aren’t moving up anytime soon until flu’s new IPO gets rolling and he starts hiring thousands of well paid professionals.

[equalizer]

[quote=flu]Ummm…

My first reaction is. Oh crap…Look at the 15year fixed.

Rate/apr/points
3.500% 3.622% 0.000%
3.250% 3.628% 1.750%

Now, I’m going…Gee look at the 30year fixed.

Rate/apr/points
4.000% 4.122% 0.000%
3.750% 4.016% 1.750%

http://aerofcu.mortgagewebcenter.com/Default.asp?bhcp=1

Sigh….[/quote]
That rate is for members only, must be heavily financed by company. Membership is limited to employees of company and of the small LA base.

On Bloomberg today I heard ML analyst stating that Govt is going to but T-bonds til 10yr hits 1.99%! He didn’t think it would bring mortgage rates any lower, but it would mean rates aren’t moving up any time soon. I think Gross is right, the rates aren’t moving up anytime soon until flu’s new IPO gets rolling and he starts hiring thousands of well paid professionals.

[equalizer]

[quote=flu]Ummm…

My first reaction is. Oh crap…Look at the 15year fixed.

Rate/apr/points
3.500% 3.622% 0.000%
3.250% 3.628% 1.750%

Now, I’m going…Gee look at the 30year fixed.

Rate/apr/points
4.000% 4.122% 0.000%
3.750% 4.016% 1.750%

http://aerofcu.mortgagewebcenter.com/Default.asp?bhcp=1

Sigh….[/quote]
That rate is for members only, must be heavily financed by company. Membership is limited to employees of company and of the small LA base.

On Bloomberg today I heard ML analyst stating that Govt is going to but T-bonds til 10yr hits 1.99%! He didn’t think it would bring mortgage rates any lower, but it would mean rates aren’t moving up any time soon. I think Gross is right, the rates aren’t moving up anytime soon until flu’s new IPO gets rolling and he starts hiring thousands of well paid professionals.

[Coronita]

[quote=equalizer][quote=flu]Ummm…

My first reaction is. Oh crap…Look at the 15year fixed.

Rate/apr/points
3.500% 3.622% 0.000%
3.250% 3.628% 1.750%

Now, I’m going…Gee look at the 30year fixed.

Rate/apr/points
4.000% 4.122% 0.000%
3.750% 4.016% 1.750%

http://aerofcu.mortgagewebcenter.com/Default.asp?bhcp=1

Sigh….[/quote]
That rate is for members only, must be heavily financed by company. Membership is limited to employees of company and of the small LA base.

On Bloomberg today I heard ML analyst stating that Govt is going to but T-bonds til 10yr hits 1.99%! He didn’t think it would bring mortgage rates any lower, but it would mean rates aren’t moving up any time soon. I think Gross is right, the rates aren’t moving up anytime soon until flu’s new IPO gets rolling and he starts hiring thousands of well paid professionals.[/quote]

I am a member and you just have to have know someone else to be a member to join. It’s not that hard. $10 dues plus a referral.

Don’t worry about the company backing it…It’s a non-profit directly funded by the U.S. government (Air force to be precise) since 1960

http://en.wikipedia.org/wiki/The_Aerospace_Corporation

Go ahead folks… Rail on the government subsidies/pensions/benefits 🙂

[quote]I think Gross is right, the rates aren’t moving up anytime soon until flu’s new IPO gets rolling and he starts hiring thousands of well paid professionals.[/quote]

I think I’ll pass on the IPO. Let me tell you my experience going through 2 of them, and 1 that ended up being an M&A… I don’t think most people would like working for a company under that much pressure because it’s like working under a gun to keep up an artificially inflated stock price when the company is not even break even, not to mention being an insider at a small company meant limited trading windows (you could do timed sales)….

There is also a significant difference between “startups” back during the hayday and “startups” as it is now. These days, startups typically DON’T give folks meaningful equity stakes. So unless you’re starving for work, or unless the startup is going to pay you significant cash above and beyond what you would do do at a large corporation (with it’s benefits and slightly more stable revenue stream), it’s really not in your best interest or your worth your time to join most of them. A lot of startups have the ironic notion that they want people to take all the financial risk without any or very little equity gain. Yeah, pass, (unless of course it’s your own).

[Coronita]

[quote=equalizer][quote=flu]Ummm…

My first reaction is. Oh crap…Look at the 15year fixed.

Rate/apr/points
3.500% 3.622% 0.000%
3.250% 3.628% 1.750%

Now, I’m going…Gee look at the 30year fixed.

Rate/apr/points
4.000% 4.122% 0.000%
3.750% 4.016% 1.750%

http://aerofcu.mortgagewebcenter.com/Default.asp?bhcp=1

Sigh….[/quote]
That rate is for members only, must be heavily financed by company. Membership is limited to employees of company and of the small LA base.

On Bloomberg today I heard ML analyst stating that Govt is going to but T-bonds til 10yr hits 1.99%! He didn’t think it would bring mortgage rates any lower, but it would mean rates aren’t moving up any time soon. I think Gross is right, the rates aren’t moving up anytime soon until flu’s new IPO gets rolling and he starts hiring thousands of well paid professionals.[/quote]

I am a member and you just have to have know someone else to be a member to join. It’s not that hard. $10 dues plus a referral.

Don’t worry about the company backing it…It’s a non-profit directly funded by the U.S. government (Air force to be precise) since 1960

http://en.wikipedia.org/wiki/The_Aerospace_Corporation

Go ahead folks… Rail on the government subsidies/pensions/benefits 🙂

[quote]I think Gross is right, the rates aren’t moving up anytime soon until flu’s new IPO gets rolling and he starts hiring thousands of well paid professionals.[/quote]

I think I’ll pass on the IPO. Let me tell you my experience going through 2 of them, and 1 that ended up being an M&A… I don’t think most people would like working for a company under that much pressure because it’s like working under a gun to keep up an artificially inflated stock price when the company is not even break even, not to mention being an insider at a small company meant limited trading windows (you could do timed sales)….

There is also a significant difference between “startups” back during the hayday and “startups” as it is now. These days, startups typically DON’T give folks meaningful equity stakes. So unless you’re starving for work, or unless the startup is going to pay you significant cash above and beyond what you would do do at a large corporation (with it’s benefits and slightly more stable revenue stream), it’s really not in your best interest or your worth your time to join most of them. A lot of startups have the ironic notion that they want people to take all the financial risk without any or very little equity gain. Yeah, pass, (unless of course it’s your own).

[Coronita]

[quote=equalizer][quote=flu]Ummm…

My first reaction is. Oh crap…Look at the 15year fixed.

Rate/apr/points
3.500% 3.622% 0.000%
3.250% 3.628% 1.750%

Now, I’m going…Gee look at the 30year fixed.

Rate/apr/points
4.000% 4.122% 0.000%
3.750% 4.016% 1.750%

http://aerofcu.mortgagewebcenter.com/Default.asp?bhcp=1

Sigh….[/quote]
That rate is for members only, must be heavily financed by company. Membership is limited to employees of company and of the small LA base.

On Bloomberg today I heard ML analyst stating that Govt is going to but T-bonds til 10yr hits 1.99%! He didn’t think it would bring mortgage rates any lower, but it would mean rates aren’t moving up any time soon. I think Gross is right, the rates aren’t moving up anytime soon until flu’s new IPO gets rolling and he starts hiring thousands of well paid professionals.[/quote]

I am a member and you just have to have know someone else to be a member to join. It’s not that hard. $10 dues plus a referral.

Don’t worry about the company backing it…It’s a non-profit directly funded by the U.S. government (Air force to be precise) since 1960

http://en.wikipedia.org/wiki/The_Aerospace_Corporation

Go ahead folks… Rail on the government subsidies/pensions/benefits 🙂

[quote]I think Gross is right, the rates aren’t moving up anytime soon until flu’s new IPO gets rolling and he starts hiring thousands of well paid professionals.[/quote]

I think I’ll pass on the IPO. Let me tell you my experience going through 2 of them, and 1 that ended up being an M&A… I don’t think most people would like working for a company under that much pressure because it’s like working under a gun to keep up an artificially inflated stock price when the company is not even break even, not to mention being an insider at a small company meant limited trading windows (you could do timed sales)….

There is also a significant difference between “startups” back during the hayday and “startups” as it is now. These days, startups typically DON’T give folks meaningful equity stakes. So unless you’re starving for work, or unless the startup is going to pay you significant cash above and beyond what you would do do at a large corporation (with it’s benefits and slightly more stable revenue stream), it’s really not in your best interest or your worth your time to join most of them. A lot of startups have the ironic notion that they want people to take all the financial risk without any or very little equity gain. Yeah, pass, (unless of course it’s your own).

[Coronita]

[quote=equalizer][quote=flu]Ummm…

My first reaction is. Oh crap…Look at the 15year fixed.

Rate/apr/points
3.500% 3.622% 0.000%
3.250% 3.628% 1.750%

Now, I’m going…Gee look at the 30year fixed.

Rate/apr/points
4.000% 4.122% 0.000%
3.750% 4.016% 1.750%

http://aerofcu.mortgagewebcenter.com/Default.asp?bhcp=1

Sigh….[/quote]
That rate is for members only, must be heavily financed by company. Membership is limited to employees of company and of the small LA base.

On Bloomberg today I heard ML analyst stating that Govt is going to but T-bonds til 10yr hits 1.99%! He didn’t think it would bring mortgage rates any lower, but it would mean rates aren’t moving up any time soon. I think Gross is right, the rates aren’t moving up anytime soon until flu’s new IPO gets rolling and he starts hiring thousands of well paid professionals.[/quote]

I am a member and you just have to have know someone else to be a member to join. It’s not that hard. $10 dues plus a referral.

Don’t worry about the company backing it…It’s a non-profit directly funded by the U.S. government (Air force to be precise) since 1960

http://en.wikipedia.org/wiki/The_Aerospace_Corporation

Go ahead folks… Rail on the government subsidies/pensions/benefits 🙂

[quote]I think Gross is right, the rates aren’t moving up anytime soon until flu’s new IPO gets rolling and he starts hiring thousands of well paid professionals.[/quote]

I think I’ll pass on the IPO. Let me tell you my experience going through 2 of them, and 1 that ended up being an M&A… I don’t think most people would like working for a company under that much pressure because it’s like working under a gun to keep up an artificially inflated stock price when the company is not even break even, not to mention being an insider at a small company meant limited trading windows (you could do timed sales)….

There is also a significant difference between “startups” back during the hayday and “startups” as it is now. These days, startups typically DON’T give folks meaningful equity stakes. So unless you’re starving for work, or unless the startup is going to pay you significant cash above and beyond what you would do do at a large corporation (with it’s benefits and slightly more stable revenue stream), it’s really not in your best interest or your worth your time to join most of them. A lot of startups have the ironic notion that they want people to take all the financial risk without any or very little equity gain. Yeah, pass, (unless of course it’s your own).

[Author]

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