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re: 1st mortage, is 4.5 a good rate on 30 yrs?

Posted on 4/2/14 at 11:32 am to
Posted by Tigersfan
Member since Feb 2006
2645 posts
Posted on 4/2/14 at 11:32 am to
Closed in Dec 2012 at 3.25% on a 30 year fixed. Was building at the time and they just dropped right at the right time and then started creping back up. Couldn't have been luckier.
Posted by iknowmorethanyou
Paydirt
Member since Jul 2007
6552 posts
Posted on 4/2/14 at 12:28 pm to
What goofball is downvoting the sub 4% 30 year mortgages? FYI, mine is 3.375 for 30 years locked in early May last year. Downvote away.

Back on point to the OP, yes, 4.5 for a 30 year is damn strong. Anything under 5 is historically tremendous. Congrats on the new pad.
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