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re: Mortgage downpayment strategies: 20%, 5% with PMI, or 5% with a higher rate?

Posted on 11/2/16 at 5:14 pm to
Posted by hawkeye007
Member since Feb 2010
5851 posts
Posted on 11/2/16 at 5:14 pm to
your rate will be around 4% . rates have moved up over the last 2 weeks and the last loan I priced with MI in the rate was 4% with really good credit.
Posted by lynxcat
Member since Jan 2008
24144 posts
Posted on 11/2/16 at 5:51 pm to
Make sure to consider the tax benefit you get on the mortgage interest assuming you file itemized.
Posted by PatDyesPants
Loachapoka, AL
Member since Jan 2016
3403 posts
Posted on 11/2/16 at 8:13 pm to


I locked in at 3.75%.
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