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mortgage interest rates

Posted on 3/2/20 at 11:37 am
Posted by hawkeye007
Member since Feb 2010
5915 posts
Posted on 3/2/20 at 11:37 am
priced some loans this morning for customers. every loan is different but i am seeing 2.5% on 15yrs and 3.125% on 30yr for rates this morning on Refi's . Holy cow .
Posted by Jason9782003
Member since Aug 2007
3559 posts
Posted on 3/2/20 at 11:52 am to
Damn, just closed on my refinance last week 15 yrs at 3.125%
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 3/2/20 at 11:54 am to
Damn I just got 3.625 like a month ago, wasn’t a refinance though
Posted by Woodbird
Member since Jun 2017
262 posts
Posted on 3/2/20 at 12:13 pm to
I've been planning to look into refinancing my mortgage. Called a couple of people at lunch and left a message for them to get back with me. We're 3 years into a 30 year on our "forever home" at 4.0%. Getting down to 3.125% would be great.
Posted by Toula
504
Member since Dec 2006
35399 posts
Posted on 3/2/20 at 12:36 pm to
About to lock-in a 15 year, quoted as low as 2.35%. Might do 2.5 or 2.75 to reduce the closing cost bill.

Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64592 posts
Posted on 3/2/20 at 1:09 pm to
Im on bankrate, i see nothing under 3%.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119979 posts
Posted on 3/2/20 at 1:19 pm to
I'm going to be getting a mortgage in June/July, hoping for 2.5% or less.
Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38688 posts
Posted on 3/2/20 at 2:10 pm to
quote:

i am seeing 2.5% on 15yrs


I locked at 2.875 % approximately 5 or 6 years ago on a 15-year loan, didn't think I'd see anything lower --- and haven't, until now.

Free money everyone!
Posted by tigersfan1989
Baton Rouge
Member since Oct 2018
1265 posts
Posted on 3/2/20 at 2:30 pm to
Where are you seeing 2.5%?
Posted by BHTiger
Charleston
Member since Dec 2017
5174 posts
Posted on 3/2/20 at 3:00 pm to
Where is this available?
Posted by Brobocop
Baton Rouge, LA
Member since Feb 2018
1907 posts
Posted on 3/2/20 at 3:04 pm to
Just got a quote for 15 yr at 3.0%
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11286 posts
Posted on 3/2/20 at 3:15 pm to


Dude that's nuts. Where do you work? We were at 4.08% for 30 year fixed and 3.46% for 15 year fixed two weeks ago. The MBA reported an average of 3.81% and 3.23%.

We set an all time high lock day on Friday and were going to beat it again today by a huge margin.
Posted by LSUSUPERSTAR
TX
Member since Jan 2005
16353 posts
Posted on 3/2/20 at 3:20 pm to
I closed last July with 4%. I would refi now with 3.125% if someone offered it.
Posted by tiger91
In my own little world
Member since Nov 2005
36810 posts
Posted on 3/2/20 at 3:24 pm to
Yea === where is 2.5% on 15 years????? Possibly interested.
Posted by NOLAGT
Over there
Member since Dec 2012
13559 posts
Posted on 3/2/20 at 3:48 pm to
I got a quote for 3.25 on a cash out refi for 30y and 4.75 on a commercial 5y.

I dont know if that cash out refi would get lower but if the feds cut rates maybe that commercial one will. Anyone hear anything more on a possible rate cut?
Posted by the shocker2010
Member since Feb 2010
196 posts
Posted on 3/2/20 at 4:12 pm to
last year closed on my house at 4.375%. today just locked in at 2.875%
Posted by Azazello
Member since Sep 2011
3187 posts
Posted on 3/2/20 at 5:33 pm to
We are currently house hunting in Dallas. I need to find something asap to lock something in.
Posted by PUB
New Orleans
Member since Sep 2017
18386 posts
Posted on 3/2/20 at 5:46 pm to
Had 2.75 on 15 several years ago. Going lower too.
Posted by MaxDraft
Baton Rouge
Member since Aug 2019
559 posts
Posted on 3/2/20 at 7:52 pm to
I locked in a 30 yr @ 3% this afternoon. My broker called me out of the blue, and I said why not. I'm dropping from a 3.75% from August 2019. That was a refinance from the original mortgage at 4.5% in April 2019. My monthly note has dropped $400 since we bought the house.
Posted by tigersfan1989
Baton Rouge
Member since Oct 2018
1265 posts
Posted on 3/2/20 at 7:55 pm to
The lowest 15 yr I’m seeing is Chase bank at 2.66%
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