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Started By
Message
Question for those on the lending side
Posted on 9/29/09 at 5:55 pm
Posted on 9/29/09 at 5:55 pm
What is going on? We've gotten a ton of requests in the last week and everyone is trying to close NOW.
3
Posted on 9/29/09 at 6:07 pm to TigerDeacon
housing tax credit
Posted on 9/30/09 at 10:10 am to prplhze2000
yep. everyone is trying to bet the deadline.
Posted on 9/30/09 at 10:13 am to TigerDeacon
I'm closing tomorrow.
Hello 8k!
Hello 8k!
Posted on 9/30/09 at 11:54 am to prplhze2000
quote:
housing tax credit
It's not just permanent financing. Getting a lot of construction loan requests too.
Posted on 9/30/09 at 12:05 pm to TigerDeacon
It does seem like a lot of new residential going on now. At least in my city.
Posted on 10/1/09 at 7:06 am to TigerDeacon
My bet is that its the current rates.. People just dont see it staying this low much longer.. I know I got my rate locked in yesterday.
Posted on 10/1/09 at 8:33 am to Catman88
I locked in at 4.875 30 year conventional yesterday
Posted on 10/1/09 at 8:34 am to jmtigers
Posted on 10/1/09 at 12:21 pm to jmtigers
quote:
I locked in at 4.875 30 year conventional yesterday
Damn, that is sweet.
Posted on 10/1/09 at 1:16 pm to tirebiter
My ARM will go to 3.25 on 11/1/09. It was originated in 10/1996 and of the 13 years I have had it, 8 of the years have been at 5.00 or less.
Posted on 10/1/09 at 1:23 pm to CHSBears
I hear ya, I currently have 8 years left on a 15 year fixed at 4.625%. The dude above still got a great deal on a 30-y fixed with no future interest rate reset risk. I have never felt comfortable with ARM's for house purchases, people have been lucky that the rates were held absurdly low for most of the past 10-years, about time to swing the other way.
Posted on 10/1/09 at 11:34 pm to jmtigers
Who gave you that rate? Did you have to pay any points?
Posted on 10/2/09 at 10:11 am to jmtigers
quote:
I locked in at 4.875 30 year conventional yesterday
i'm about to refinance for this
4.875 with no points!!!
Posted on 10/2/09 at 10:14 am to LSUfan4444
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