[Blissful Ignoramus]

Growing up, a friend of mine had such a house next door, for many years. It’s probably still there and operating as such. I recall absolutely no problems at all. The house was well cared for, there was no noise, no nuthin.

[Blissful Ignoramus]

Growing up, a friend of mine had such a house next door, for many years. It’s probably still there and operating as such. I recall absolutely no problems at all. The house was well cared for, there was no noise, no nuthin.

[Blissful Ignoramus]

Growing up, a friend of mine had such a house next door, for many years. It’s probably still there and operating as such. I recall absolutely no problems at all. The house was well cared for, there was no noise, no nuthin.

[Blissful Ignoramus]

Growing up, a friend of mine had such a house next door, for many years. It’s probably still there and operating as such. I recall absolutely no problems at all. The house was well cared for, there was no noise, no nuthin.

[Blissful Ignoramus]

Growing up, a friend of mine had such a house next door, for many years. It’s probably still there and operating as such. I recall absolutely no problems at all. The house was well cared for, there was no noise, no nuthin.

[Blissful Ignoramus]

[quote=poway_seller]Blissful, don’t see how you could have been quoted the above rate TODAY. Although treasuries are as low as Wednesday, mortgages are not. A 30 year fixed which on Wednesday AM could be had for 4.5%, is now 5.375. Today the 15 Year you speak of was at 5.125% with no origination and no discount points. Getting to 4.75 would have FOR SURE cost you points.[/quote]

Interesting. It was a first, theoretical discussion, so maybe he was talking out of his butt. I haven’t even put in an application yet.

I’ve just started this process and am not in a huge hurry, but I’ll be continuing to look into it.

[Blissful Ignoramus]

[quote=poway_seller]Blissful, don’t see how you could have been quoted the above rate TODAY. Although treasuries are as low as Wednesday, mortgages are not. A 30 year fixed which on Wednesday AM could be had for 4.5%, is now 5.375. Today the 15 Year you speak of was at 5.125% with no origination and no discount points. Getting to 4.75 would have FOR SURE cost you points.[/quote]

Interesting. It was a first, theoretical discussion, so maybe he was talking out of his butt. I haven’t even put in an application yet.

I’ve just started this process and am not in a huge hurry, but I’ll be continuing to look into it.

[Blissful Ignoramus]

[quote=poway_seller]Blissful, don’t see how you could have been quoted the above rate TODAY. Although treasuries are as low as Wednesday, mortgages are not. A 30 year fixed which on Wednesday AM could be had for 4.5%, is now 5.375. Today the 15 Year you speak of was at 5.125% with no origination and no discount points. Getting to 4.75 would have FOR SURE cost you points.[/quote]

Interesting. It was a first, theoretical discussion, so maybe he was talking out of his butt. I haven’t even put in an application yet.

I’ve just started this process and am not in a huge hurry, but I’ll be continuing to look into it.

[Blissful Ignoramus]

[quote=poway_seller]Blissful, don’t see how you could have been quoted the above rate TODAY. Although treasuries are as low as Wednesday, mortgages are not. A 30 year fixed which on Wednesday AM could be had for 4.5%, is now 5.375. Today the 15 Year you speak of was at 5.125% with no origination and no discount points. Getting to 4.75 would have FOR SURE cost you points.[/quote]

Interesting. It was a first, theoretical discussion, so maybe he was talking out of his butt. I haven’t even put in an application yet.

I’ve just started this process and am not in a huge hurry, but I’ll be continuing to look into it.

[Blissful Ignoramus]

[quote=poway_seller]Blissful, don’t see how you could have been quoted the above rate TODAY. Although treasuries are as low as Wednesday, mortgages are not. A 30 year fixed which on Wednesday AM could be had for 4.5%, is now 5.375. Today the 15 Year you speak of was at 5.125% with no origination and no discount points. Getting to 4.75 would have FOR SURE cost you points.[/quote]

Interesting. It was a first, theoretical discussion, so maybe he was talking out of his butt. I haven’t even put in an application yet.

I’ve just started this process and am not in a huge hurry, but I’ll be continuing to look into it.

[Blissful Ignoramus]

I just talked to my current mortgage holder (I’m 3+ years into a 30 year fixed) and was offered 4.75% on a 15 year fixed, 4.5% for half a point, about $3K in costs, with 74% LTV ratio (based on the 2005 appraisal, which in my area would probably be about the same — NO, I do not live in California!). Non-jumbo.

I’m inclined to wait a bit and see if it goes to 4.5% with no points. Yes, I know I can make extra payments on the 30 year and accomplish the same pay-down, but the fact is that I’m not being aggressive enough about it. I also wonder if another lender will do better by me (this one is Wells Fargo).

[Blissful Ignoramus]

I just talked to my current mortgage holder (I’m 3+ years into a 30 year fixed) and was offered 4.75% on a 15 year fixed, 4.5% for half a point, about $3K in costs, with 74% LTV ratio (based on the 2005 appraisal, which in my area would probably be about the same — NO, I do not live in California!). Non-jumbo.

I’m inclined to wait a bit and see if it goes to 4.5% with no points. Yes, I know I can make extra payments on the 30 year and accomplish the same pay-down, but the fact is that I’m not being aggressive enough about it. I also wonder if another lender will do better by me (this one is Wells Fargo).

[Blissful Ignoramus]

I just talked to my current mortgage holder (I’m 3+ years into a 30 year fixed) and was offered 4.75% on a 15 year fixed, 4.5% for half a point, about $3K in costs, with 74% LTV ratio (based on the 2005 appraisal, which in my area would probably be about the same — NO, I do not live in California!). Non-jumbo.

I’m inclined to wait a bit and see if it goes to 4.5% with no points. Yes, I know I can make extra payments on the 30 year and accomplish the same pay-down, but the fact is that I’m not being aggressive enough about it. I also wonder if another lender will do better by me (this one is Wells Fargo).

[Blissful Ignoramus]

I just talked to my current mortgage holder (I’m 3+ years into a 30 year fixed) and was offered 4.75% on a 15 year fixed, 4.5% for half a point, about $3K in costs, with 74% LTV ratio (based on the 2005 appraisal, which in my area would probably be about the same — NO, I do not live in California!). Non-jumbo.

I’m inclined to wait a bit and see if it goes to 4.5% with no points. Yes, I know I can make extra payments on the 30 year and accomplish the same pay-down, but the fact is that I’m not being aggressive enough about it. I also wonder if another lender will do better by me (this one is Wells Fargo).

[Blissful Ignoramus]

I just talked to my current mortgage holder (I’m 3+ years into a 30 year fixed) and was offered 4.75% on a 15 year fixed, 4.5% for half a point, about $3K in costs, with 74% LTV ratio (based on the 2005 appraisal, which in my area would probably be about the same — NO, I do not live in California!). Non-jumbo.

I’m inclined to wait a bit and see if it goes to 4.5% with no points. Yes, I know I can make extra payments on the 30 year and accomplish the same pay-down, but the fact is that I’m not being aggressive enough about it. I also wonder if another lender will do better by me (this one is Wells Fargo).

[Author]

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