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Message
re: 30 Year Mortgage Rates - What is Reasonable
Posted on 10/27/17 at 10:52 pm to CalcuttaTigah
Posted on 10/27/17 at 10:52 pm to CalcuttaTigah
Depends on the points you are paying. No points, or a credit at 4.125 is pretty reasonable. Rates went up dramatically this week with the payroll and GDP numbers.
Reason the APR spread is so high is because your PMI is included in the APR calculation.
Reason the APR spread is so high is because your PMI is included in the APR calculation.
1
Posted on 10/27/17 at 11:31 pm to Pvt Hudson
He is correct. Rates have increased all week. If property is eligible for Home Possible then rate should be a little lower.
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