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Started By
Message
6% mortgage rates...any chance in
Posted on 2/22/25 at 3:44 pm
Posted on 2/22/25 at 3:44 pm
Next 5 years?
9
Posted on 2/22/25 at 4:21 pm to bleedsgarnet
Heck, I’m hoping in the next 24-36 months max.
Posted on 2/22/25 at 4:45 pm to bleedsgarnet
Yes and likely lower. May take 3-4 years but we will get back to 5% or less mtg rates.
Posted on 2/22/25 at 9:35 pm to bleedsgarnet
What are they now?
Posted on 2/22/25 at 11:00 pm to East Coast Band
6.8
Posted on 2/23/25 at 10:29 am to bleedsgarnet
Just save more money to buy a house.
Posted on 2/23/25 at 11:12 am to bleedsgarnet
maybe....
Posted on 2/23/25 at 7:08 pm to bleedsgarnet
I just got preapproved at 5.75 the other day
Posted on 2/24/25 at 3:24 am to cubsfan5150
quote:
I just got preapproved at 5.75 the other day
Where? Looking to refinance whenever things come lower.
Posted on 2/24/25 at 6:55 am to cubsfan5150
quote:
I just got preapproved at 5.75 the other day
Don’t believe this.
Posted on 2/24/25 at 7:03 am to shoelessjoe
First Federal and Armed Forces Bank... might have been able to at Mutual of Omaha too, but I was good with two.
Posted on 2/24/25 at 7:32 am to cubsfan5150
quote:
I just got preapproved at 5.75 the other day
They locked that rate for you?
Could it be an adjustable rate?
Posted on 2/24/25 at 7:36 am to ruzil
Nope, 30-yr VA... locked
Posted on 2/24/25 at 8:21 am to cubsfan5150
I mean VA loan isn't apples to apples.
Posted on 2/24/25 at 10:18 am to bleedsgarnet
I've been ready for a new house and land for about 2 years now but we're locked in at 2.5% right now and that's pretty hard to give up.
Posted on 2/24/25 at 10:39 am to East Coast Band
Had to lock in a 7.25% a couple weeks ago... 30yr Conventional Loan
Posted on 2/24/25 at 1:55 pm to bleedsgarnet
La Capitol Federal Credit Union has a promotional 6.5% for 30 year conventional fixed, with NO points.
Only catch is i believe you have to put down 25%
Only catch is i believe you have to put down 25%
Posted on 2/25/25 at 5:34 am to bleedsgarnet
Yes. Interest rates will start dropping by the summer.
Posted on 2/25/25 at 10:52 am to tenderfoot tigah
I’m at 6.75 30 year. Need to refinance when things get lower.
Posted on 2/26/25 at 4:51 pm to shoelessjoe
I closed an 8% last June. Refinanced at 6.2% in September and I’m pretty sure that was the bottom before they went back up. Hoping to get somewhere sub 5 in the coming year or two.
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