Started By
Message

re: 30 year mortgage rates.

Posted on 5/25/16 at 9:14 am to
Posted by GenesChin
The Promise Land
Member since Feb 2012
37706 posts
Posted on 5/25/16 at 9:14 am to
quote:

I didn't realize I would be bringing several thousand dollars to convert to a 30 year.



Escrow accounts don't roll over typically, so anything you put in for escrow will be refunded from your old account.


I received a $2k check the other week that offset the $2k I had to bring to closing for new escrow
Posted by NOLAGT
Over there
Member since Dec 2012
13519 posts
Posted on 5/25/16 at 11:53 am to
Its a 30yr and no PMI. The loan was for 380k...I didnt do the math but I was thinking probably not worth it.
Posted by SomethingLikeA
Member since Jul 2013
1112 posts
Posted on 5/26/16 at 7:24 am to
Rates have been moving fast. I was at 3.75% last week. My best rate now is 4% with no points.
Posted by ItNeverRains
37069
Member since Oct 2007
25438 posts
Posted on 5/26/16 at 7:56 am to
quote:

Rates have been moving fast. I was at 3.75% last week. My best rate now is 4% with no points


Pricing in speculation. Par for the course. My opinion is wait and see if hike happens at this point, if it does rates wont move since hike already priced in. If China wins and Fed doesn't hike rate, it will go back down.
first pageprev pagePage 3 of 3Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram