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Message
re: Mortgage Rates
Posted on 4/1/09 at 3:27 pm to bignate76
Posted on 4/1/09 at 3:27 pm to bignate76
quote:
DTI,credit score and downpayment..thats the big 3
Ok so based on the numbers I put for the first two and let's say I put 5% down. How good of a rate could I get and where is the best place to go for a loan?
1
Posted on 4/1/09 at 3:30 pm to Phate
your way ahead of yourself. to be honest with you within the next 3 months there want be to many lenders letting you put down just 5% alot of them have already gone to min. 10% down. FHA will always be 3.5% down for the time being. you should be able to get a rate under 5% for the next 2-3 months. its hard to judge it after that
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