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Mortgage Rates

Posted on 3/30/09 at 9:09 am
Posted by spslayto
Member since Feb 2004
19734 posts
Posted on 3/30/09 at 9:09 am
I've been watching www.bankrate.com pretty regularly since December of last year. This is the first time I have seen the national average of a 30 year mortgage below 5% on the site. It is now listed at 4.93%. Is now the time to refinance? I don't want to wait and regret not pulling the trigger.
Posted by Hammond Tiger Fan
Hammond
Member since Oct 2007
16220 posts
Posted on 3/30/09 at 9:36 am to
I have been watching them also. I'm getting very close to pulling the trigger. I look at it this way, I'd rather go ahead and lock in at 4.85% or somewhere around that rather than attempting to wait for something lower and completely miss out.
Posted by Parliament
Member since Dec 2007
5787 posts
Posted on 3/30/09 at 11:17 am to
Paging Big Nate
Posted by KLSU
Baton Rouge
Member since Sep 2003
10327 posts
Posted on 3/30/09 at 12:15 pm to
I locked in at 4.75!!
Posted by West Monroe
west Monroe, la
Member since Jan 2005
1008 posts
Posted on 3/30/09 at 1:43 pm to
I wouldn't get too greedy.....you can't go wrong with anything below 5.......
Posted by TreeFiddy
Tulsa, OK
Member since Mar 2008
3851 posts
Posted on 4/2/09 at 1:08 pm to
I just locked in at 4.75%!!!!!
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