Mortgage Rates...... | Page 2 | TigerDroppings.com

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Tiger4Ever
UTEP Fan
Member since Aug 2003
35824 posts
 Online 

re: Mortgage Rates......


2.375% on a 15 back in October...

And now we're looking to move potentially.

Fock






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coonass27
LSU Fan
shreveport
Member since Mar 2008
2641 posts

re: Mortgage Rates......


It literally jumped a point in the matter of two days. I locked in at 4.25 a few weeks ago. It was at 3.75 and jumped to 4.75 in the matter of days. Came down a little and I locked.

The other issue is now, they have caught onto all the people getting on the refi bandwagon and changed the PMI requirements






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I Love Bama
Alabama Fan
Alabama
Member since Nov 2007
32588 posts

re: Mortgage Rates......


If you can rent it out I would. That's really free money.





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NukemVol
Tennessee Fan
Atlanta
Member since Jan 2010
1465 posts

re: Mortgage Rates......


quote:

what is the future outlook on rates? I have a year left of college and would like to know what to look forward to.



Similar boat. I'm not sweating it. I'm more curious about what happens when they finally go back to normal levels. Will prices shoot back down? I mean we've not really had wage growth, the boomer population is winding down...are prices recovering just due to monetary policy.

I'm not saying they will crash, I'm just not worried about missing the boat. I'd rather 1.) Have 20% to put down, and 2.) Know that the prices are real.







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Tiger4Ever
UTEP Fan
Member since Aug 2003
35824 posts
 Online 

re: Mortgage Rates......


quote:

If you can rent it out I would. That's really free money.


Agree, but I'm working on a purchase that would make a ton of sense and may allow me to put the equity on my current home right into my back pocket.

Either way...having started at 5.25% on a 30 year in 2007, this rate is uh-mazing






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DawgCountry
Kennesaw St. Fan
Burger Inn
Member since Sep 2012
11980 posts

re: Mortgage Rates......


3.625 in April. 30yr


This post was edited on 7/11 at 6:28 am


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fatboydave
LSU Fan
Fat boy land
Member since Aug 2004
6793 posts

re: Mortgage Rates......


Closed on a 2.5% 15 yr last week. Had locked in the rate 2 mos. ago.





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TJG210
LSU Fan
New Orleans
Member since Aug 2006
22181 posts

re: Mortgage Rates......


What is the rate for a 15 currently? I may end up going that route.





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hawkeye007
LSU Fan
greenwell springs
Member since Feb 2010
1972 posts

re: Mortgage Rates......


the 15yr rates is 3.75% this morning





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