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Mortgage rate predictions
Posted on 4/19/12 at 10:57 pm
Posted on 4/19/12 at 10:57 pm
I will be locking my rate in a month from now so any predictions on where they will be for a 30 yr mortgage at that time?
This post was edited on 4/19/12 at 10:58 pm
Posted on 4/19/12 at 11:01 pm to blades8088
Probably within ~0.15% of what it is currently
Posted on 4/19/12 at 11:13 pm to blades8088
quote:
any predictions on where they will be for a 30 yr mortgage at that time?
Other than "about the same", none that I would bet my own money on.
But I do think a 30 year mortgage is a helluva deal if you qualify for the best rates. The 15 isn't at all bad either but the 30 is better IMHO.
Posted on 4/20/12 at 8:40 am to blades8088
we'll start seeing it increase in June, will be around 4.75-4.875 by year end.
Posted on 4/20/12 at 9:35 am to blades8088
it want be enough of a difference for you to worry about it. Rates are a monthly rollercoaster ride. they are near alltime lows right. last month they moved up over 4% briefly. 3.875%-4.125% is a good range. consider yourself lucky if your 30yr rate has a 3 infront of it.
Posted on 4/20/12 at 11:42 am to blades8088
I would bet higher than lower. But roughly the same.
Posted on 4/24/12 at 8:54 pm to StrangeBrew
Appreciate the help guys. I should be locking in about 3 weeks and hope its in the 3s. Im probably going to go with Andromeda Mortgage. Any reviews for then?
Posted on 4/24/12 at 9:21 pm to blades8088
They sound like they suck...
Posted on 4/25/12 at 9:51 am to blades8088
There in Denham Springs correct? small broker if i remember right.
Posted on 4/25/12 at 11:18 am to blades8088
quote:I just closed on a house with them. They are owned by the builder that built the house so as a deal, they are paying all $4500 of the closing costs. I would recommend them
Im probably going to go with Andromeda Mortgage. Any reviews for then?
Posted on 4/25/12 at 11:20 am to TigerTatorTots
quote:
I just closed on a house with them. They are owned by the builder that built the house so as a deal, they are paying all $4500 of the closing costs. I would recommend them
Have a buddy who purchased a home with them off of Hoo shoo Too. DLSD or something. He said it was an easy process and they covered his closing costs.
Posted on 4/25/12 at 11:36 am to LSUAfro
quote:Yep! DSLD is a quality builder
DLSD or something. He said it was an easy process and they covered his closing costs.
Posted on 4/25/12 at 1:26 pm to TigerTatorTots
I was just about to ask about DSLD. There currently building me a house and have 2 more months till finished in madisoville.
Posted on 4/25/12 at 1:34 pm to TigerTatorTots
quote:
TigerTatorTots
You just bought in that hooshoo subdivision?
Posted on 4/25/12 at 4:51 pm to blades8088
quote:They are great! Everything I hear about them is positive as well. They really do build a solid house.
I was just about to ask about DSLD. There currently building me a house and have 2 more months till finished in madisoville.
quote:Not sure where that is, but I bought in Mandeville
You just bought in that hooshoo subdivision?
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