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re: 30 year mortgage rates.

Posted on 5/18/16 at 10:03 am to
Posted by vettegc
Livingston
Member since Dec 2006
501 posts
Posted on 5/18/16 at 10:03 am to
I am about to close at 3.75 through whitney bank (through fannie mae). I locked in about a month ago but since then I have noticed all the internet site rates have continued to drop. I opened my zillow app yesterday and it said 3.4.

I contacted the banker and he said fannie mae wouldn't allow him to change the rate. I just wanted to hear if the 3.4 is legitimate. Thanks
Posted by LSU1018
Baton Rouge
Member since Feb 2007
7269 posts
Posted on 5/18/16 at 10:08 am to
They can advertise whatever rate and then just throw 1% origination fee on it. It's hard to just get a comparable statement on a rate without knowing the lender fees involved.
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