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Recent 30yr mortgage rates

Posted on 3/22/17 at 9:57 pm
Posted by lsu xman
Member since Oct 2006
15557 posts
Posted on 3/22/17 at 9:57 pm
What's the current going rate. Buddy getting quoted for 4.4% apr. Not too long ago it was 4.0 Thru quickens.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75215 posts
Posted on 3/22/17 at 9:59 pm to
4.125 is market. Anything below 4.5 is superb. Just remember 10 or so years ago 5.75 was great.
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 3/22/17 at 10:27 pm to
Glad we bought right after the flood and got in @ 3.75
Posted by LSU5508
New Orleans
Member since Nov 2007
3617 posts
Posted on 3/23/17 at 12:11 am to
Got mine at 3.25 in October......
Posted by lsulefty5
Baton Rouge
Member since Dec 2007
901 posts
Posted on 3/23/17 at 8:02 am to
4.25% for me at the beginning of March
Posted by dualed
Member since Sep 2010
4695 posts
Posted on 3/23/17 at 8:11 am to
I got mine at 3.25 last June.
Posted by schexyoung
Deaf Valley
Member since May 2008
6534 posts
Posted on 3/23/17 at 8:14 am to
Starting points for prime borrowers as of yesterday were 30 yr at 4.22; 15 yr 3.40, jumbo 4.79; five yr adjustable 3.50
Posted by LSU1018
Baton Rouge
Member since Feb 2007
7222 posts
Posted on 3/23/17 at 8:27 am to
Kind of off topic but about how much does the interest rate change if you wanted to pull 10% of equity out in cash on a refi but you were still well above the 20% down.
Posted by noles25
Destin, FL
Member since Nov 2014
495 posts
Posted on 3/23/17 at 8:29 am to
quote:

I got mine at 3.25 last June.

Ditto.
Posted by rpg37
Ocean Springs, MS
Member since Sep 2008
47454 posts
Posted on 3/23/17 at 8:57 am to
My house is 4.25% as of August 2015. My rental home, which was my first home, was 3.75% in August 2013. Current rates are about 4.25% from what I see now for decent loans. Below that, you're doing great IMO.
Posted by tigerfootball123
Member since Sep 2009
823 posts
Posted on 3/23/17 at 11:44 am to
What's the boards input on ARMs if you know you won't be in that home/city for more than 6-8 years?
Posted by birdieman
New Orleans
Member since Dec 2012
1647 posts
Posted on 3/23/17 at 1:44 pm to
4.4 in mid February.
Posted by baldona
Florida
Member since Feb 2016
20457 posts
Posted on 3/23/17 at 1:53 pm to
quote:

hat's the boards input on ARMs if you know you won't be in that home/city for more than 6-8 years?


For 1% a year better rate, sure. For any less, no way. I like them for rental properties as I know I'll have them paid off by then as I don't buy a property I can't pay off in 7 years. But, all too often I talk to friends that buy a house and have to sell it in a year or end up staying there many years longer than they expected. The last thing you want is to get stuck in a high percentage mortgage when you could be locked in for 30 years for 0.5% more initially.
This post was edited on 3/23/17 at 1:56 pm
Posted by poops_at_parties
Member since Jan 2016
1545 posts
Posted on 3/23/17 at 2:49 pm to
Got mine at 3.5 in June
Posted by CHiPs25
ATL
Member since Apr 2014
2901 posts
Posted on 3/23/17 at 7:41 pm to
As of a week ago, I got in at 4.125. Right when the feds increased, we were getting ready to lock it in but my mortgage guy waited a day or 2 for them to fluctuate a little more. They went from 4.125 to 4.3 and then back down to 4.125.
Posted by LildripDraws
Lafayette
Member since Aug 2011
1609 posts
Posted on 3/23/17 at 10:01 pm to
Got mine at 4.3%
Posted by RedBeardBaw
Member since Feb 2017
370 posts
Posted on 3/24/17 at 11:37 am to
I refi-ed in June and got in at 3.5 for 20 years...it was 3.375 at that time, but when I told my guy to lock it in, it had already jumped to 3.5.

Posted by Shalimar Sid
Member since Feb 2005
9245 posts
Posted on 3/24/17 at 12:10 pm to
Got mine at 3.25 and wish I could go lower. Florida Taxes are ridiculous.
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