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an
Participant[quote=flu][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…[/quote]I don’t get it. If you’re OK with buying a new home now with a loan, then why not do a cash out refinance? Isn’t that essentially the same?
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.ParticipantSebonic Financial is showing 3.375% with $2600 in credit on Zillow website for me. This is for conforming 30 years fixed.
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?
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.
ParticipantSebonic 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.
ParticipantI 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 9:07 AM in reply to: The Donald Trump, Illegal Alien, Foreigner, Immigrant Bitch and Moan Thread #799025Participant[quote=spdrun]Can California leave the US so they’re not stuck propping up Mississippi and Oklahoma?[/quote]
There is a California National Party forming.ParticipantBase on those numbers, if you have $200k down payment, in TX, if you buy a $300k house, your $100k loan would cost you $477.42/month + $1,333/month is taxes + $400/month in energy. Your looking at ~$2200/month.
Lets say a comparable house in SD is $800k, your mortgage would be $2,864.49 + $733/month in taxes and ~$100/month in energy. You’re looking about ~$3700/month.
It’s still cheaper to be in TX (assuming my house price assumption is correct). However, after 30 years, after you pay off your house, it’ll be MUCH MUCH cheaper to be in CA than TX (assuming they don’t take away prop 13).
Participant[quote=flu][quote=carli]BG, do you realize how out-of-touch your comment is, about being afraid of immigrants who “want to emigrate to the US solely to spread their (incompatible, non-western) religious beliefs and customs to Americans and also onto their own offspring, later born in the US”??
Um, wasn’t that what our country was founded on? Freedom of religion and all that?
If they weren’t so frightening, comments like yours (mimicking Trump’s) would be truly comical.
Of course our country needs to guard against terrorists, but that does not extend to keeping out people of “incompatible non-western religious beliefs.” And please, do tell, what are those religious beliefs that are incompatible with those of us in the U.S.??
And you wonder why people consider you ignorant and racist.[/quote]
For me, I would be slightly terrified if the majority of the Americans are like BG. But, frankly I have faith there are more people in this country are more like my neighbors and people like you Carli. I just need to be reminded of that every so often. Thanks.[/quote]This is another reason why I’m loving living in CA and SoCal specifically. My kid’s school super diverse where they don’t even think twice about diversity. When I say diverse, I mean that no nationality/heritage have more than 10% of the class, unless you count mix races/nationality/heritage as a group. I’m not too concern about people like BG here in SD, at least my part of SD.
ParticipantIf only we can get early inflation numbers again.
Participant[quote=spdrun]Wasn’t everyone terrified of the Japanese buying up half of California in the 80s?[/quote]
Does it really matter? Just look at where prices were in the 80s and where it is today.Participant[quote=flu]You don’t need to compete against foreign cash because foreign cash is only about a 1/3 of these purchases. Maybe more for higher end. But not that much more.
And one thing for certain, U.S. is probably the safest place to park money. Everyone knows that.
I think even the Swiss have negative interest rates, right?[/quote]flu, I think you do, even if it’s not directly. The people who got beat out by these foreign buyers won’t just drop out of the market. Since the supply is limited/fixed, they will move down market or push others down market. Which mean that those people will be competing w/ you. It’s a domino effect.
Participant[quote=flu]Just curious. What school district is del Sur in?[/quote]
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