Forum Replies Created
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AuthorPosts
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HLS
ParticipantI have never seen this happen before..
Rates spiked down this morning with the best lenders, then quickly went right back up, to higher than yesterday. 10 YR bond is down.
I have heard that some lenders that use automated pricing engines have websites that crashed today.
Phone locks can take hold times of an hour on the phone..
Seems like chaos.
30 YR rates seem to still be around 4.875% now..
15 YR rates higher than 30 YR rates.Madoff exposed a useless SEC.
Just another day, another scam exposed.Until you are qualified and approved, rates mean nothing.
Locks are a serious commitment and lenders lose money if they cannot deliver their commitments.
It wont surprise me if some lenders go under due to lock fallout.
Many people don’t understand what a commitment means. They just think it’s a game and want the best of both worlds.
ParticipantBased on your scenario, YES, it makes sense..
The question is if you wait, will it make MORE sense!I’ll be happy to give you some options…
You may be able to do a no fee loan with costs
OR
pay a bit to get the best rate possible and lowest payment for the life of the loan.I’m not sure that I would recommend a 15 YR over a 30….depends on your situation.
You will save money every month, it will take a certain number of months to recover the costs, then you are saving for every month beyond that.
I cannot imagine that fixed rates will go much lower, but in these crazy times ANYTHING is possible.
Feel free to contact me if you wish… , HLS
ParticipantBased on your scenario, YES, it makes sense..
The question is if you wait, will it make MORE sense!I’ll be happy to give you some options…
You may be able to do a no fee loan with costs
OR
pay a bit to get the best rate possible and lowest payment for the life of the loan.I’m not sure that I would recommend a 15 YR over a 30….depends on your situation.
You will save money every month, it will take a certain number of months to recover the costs, then you are saving for every month beyond that.
I cannot imagine that fixed rates will go much lower, but in these crazy times ANYTHING is possible.
Feel free to contact me if you wish… , HLS
ParticipantBased on your scenario, YES, it makes sense..
The question is if you wait, will it make MORE sense!I’ll be happy to give you some options…
You may be able to do a no fee loan with costs
OR
pay a bit to get the best rate possible and lowest payment for the life of the loan.I’m not sure that I would recommend a 15 YR over a 30….depends on your situation.
You will save money every month, it will take a certain number of months to recover the costs, then you are saving for every month beyond that.
I cannot imagine that fixed rates will go much lower, but in these crazy times ANYTHING is possible.
Feel free to contact me if you wish… , HLS
ParticipantBased on your scenario, YES, it makes sense..
The question is if you wait, will it make MORE sense!I’ll be happy to give you some options…
You may be able to do a no fee loan with costs
OR
pay a bit to get the best rate possible and lowest payment for the life of the loan.I’m not sure that I would recommend a 15 YR over a 30….depends on your situation.
You will save money every month, it will take a certain number of months to recover the costs, then you are saving for every month beyond that.
I cannot imagine that fixed rates will go much lower, but in these crazy times ANYTHING is possible.
Feel free to contact me if you wish… , HLS
ParticipantBased on your scenario, YES, it makes sense..
The question is if you wait, will it make MORE sense!I’ll be happy to give you some options…
You may be able to do a no fee loan with costs
OR
pay a bit to get the best rate possible and lowest payment for the life of the loan.I’m not sure that I would recommend a 15 YR over a 30….depends on your situation.
You will save money every month, it will take a certain number of months to recover the costs, then you are saving for every month beyond that.
I cannot imagine that fixed rates will go much lower, but in these crazy times ANYTHING is possible.
Feel free to contact me if you wish… , HLS
ParticipantRate drop already today..
Jumbo 4.50% .50pts …… 4.875% 0 pts
This is for loan cost only.
Still some closing costs,,,
ParticipantRate drop already today..
Jumbo 4.50% .50pts …… 4.875% 0 pts
This is for loan cost only.
Still some closing costs,,,
ParticipantRate drop already today..
Jumbo 4.50% .50pts …… 4.875% 0 pts
This is for loan cost only.
Still some closing costs,,,
ParticipantRate drop already today..
Jumbo 4.50% .50pts …… 4.875% 0 pts
This is for loan cost only.
Still some closing costs,,,
ParticipantRate drop already today..
Jumbo 4.50% .50pts …… 4.875% 0 pts
This is for loan cost only.
Still some closing costs,,,
ParticipantFLU..
Throw me a bone! depends on credit score & equity..
Assuming best case scenario (drumroll…)
15 YR rates appear to be HIGHER than 30 YR rates at PAR, but the buy down options are better on the 15 YR.Around 4.50 with 2pts 4.75% with 1pt, 4.875% with .5 pt
contact me directly for an update…rates are still moving around fast…
Subject to change at any time!ParticipantFLU..
Throw me a bone! depends on credit score & equity..
Assuming best case scenario (drumroll…)
15 YR rates appear to be HIGHER than 30 YR rates at PAR, but the buy down options are better on the 15 YR.Around 4.50 with 2pts 4.75% with 1pt, 4.875% with .5 pt
contact me directly for an update…rates are still moving around fast…
Subject to change at any time!ParticipantFLU..
Throw me a bone! depends on credit score & equity..
Assuming best case scenario (drumroll…)
15 YR rates appear to be HIGHER than 30 YR rates at PAR, but the buy down options are better on the 15 YR.Around 4.50 with 2pts 4.75% with 1pt, 4.875% with .5 pt
contact me directly for an update…rates are still moving around fast…
Subject to change at any time! -
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