Posted by
Message
ellesssuuu
Baton Rouge
Member since Mar 2016
1092 posts

re: Current Mortgage Rates
There’s a catch so be careful


MrJimBeam
New Orleans Saints Fan
Member since Apr 2009
4100 posts

re: Current Mortgage Rates
What’s the catch?


SDVTiger
Hawaii Fan
Off the Wall
Member since Nov 2011
43111 posts

re: Current Mortgage Rates
Its rate/term or purchase only
Close in 22days
Couldnt have been with UWM last 18mnths

If you work with a broker that cant close a UWM loan in 22 days well just lulz


PureMetairie
LSU Fan
Metairie
Member since May 2017
428 posts

re: Current Mortgage Rates
We just got a 30yr at 3%. 20% down. Very happy.


ChewyDante
New Orleans Saints Fan
Member since Jan 2007
16569 posts

re: Current Mortgage Rates
So what are the rates currently looking like outside of the UWM route?


Janky
LSU Fan
Team Primo
Member since Jun 2011
32269 posts

re: Current Mortgage Rates
I am looking to get pre-approved to start shopping. Have the rates moved much either way? Thanks.


HYDRebs
Ole Miss Fan
Houston
Member since Sep 2014
1153 posts

re: Current Mortgage Rates
Has gotten better over this week on almost all terms fixed and arms. 30 year you can probably get 3.125% fairly easily and a 15 year under 3%


Mudminnow
LSU Fan
Houston, TX
Member since Aug 2004
33072 posts

re: Current Mortgage Rates
We locked on Tuesday afternoon at 2.99% for 30 year with no points and no cost to buy in and received $350 lender credit.

But it took a while. We were going to lock in last Thursday but Experian site was down for an hr. So they had to wait to run credit. When they did, went to lock in and pricing changed on the 2.99% so everyday it was still high. It didn't return to the level we initially wanted 4 days later.

Just have all information and run credit and wait a couple days to see how rates and credits behave. They have been changing quite a bit.


SoloTiger
Member since Aug 2016
4279 posts

re: Current Mortgage Rates
You been hanging in there for quite a while on these rates.

Glad you are happy


Replies (0)
Replies (0)
00
bigblake
Member since Jun 2011
1935 posts

re: Current Mortgage Rates
(no message)
This post was edited on 6/4 at 1:45 am


Replies (0)
Replies (0)
00
TD SponsorTD Fan
USA
Member since 2001
Thank you for supporting our sponsors
Advertisement
Eric Nies Grind Time
Atlanta Braves Fan
Member since Sep 2012
21849 posts
 Online 

re: Current Mortgage Rates
Who did you refinance through?


LSU_postman
LSU Fan
Baton Rouge
Member since Jun 2005
2398 posts

re: Current Mortgage Rates
If you are only putting down 10% is there any chance of 3% fixed 30 with a credit score at 720?


Fe_Mike
Mississippi St. Fan
Member since Jul 2015
1271 posts

re: Current Mortgage Rates
Jumping into this thread for some advice 'cause I'm sure this topic has been discussed before.

I'm moving very soon and will have to sell my house and buy in new location. First time selling a house. Obviously would like to use equity from sale of current house towards down payment but not sure if that timing can work out. Can't hit 20% without it. Will banks consider the current house an asset? Measure it more as a liability? Will a smaller down payment really impact my potential rate? I put ~10% down when I purchased current house, had PMI waived, and got 3.7% at 30 yr. Do people still waive PMI?

Would love to grab a 3% 30 yr for myself now. How hard do I need to push to have my current house sold/closed before closing on the new house?


BilJ
Kansas State Fan
DANGA ZONE
Member since Sep 2003
148044 posts

re: Current Mortgage Rates
BH?


hawkeye007
LSU Fan
Member since Feb 2010
4286 posts

re: Current Mortgage Rates
??


Replies (0)
Replies (0)
00
hawkeye007
LSU Fan
Member since Feb 2010
4286 posts

re: Current Mortgage Rates
banks will not look at current equity to waive PMI on the new house. A smaller downpayment will not affect the rate. credit score and loan amount drive the rate. Put 10% down and get quote to buy out the PMI. Also these rates are not going anywhere anytime soon. THere is no pressure on them to go lower or higher right now and thats a good thing. Sorry to highjack this btw.


Replies (0)
Replies (0)
20
hawkeye007
LSU Fan
Member since Feb 2010
4286 posts

re: Current Mortgage Rates
i see . NB


Mark Makers
LSU Fan
Livingston Parish
Member since Jul 2015
1931 posts

re: Current Mortgage Rates
I'm currently at 4.00% on a 30 year...should I be looking into refinancing my house?


molsusports
Ohio State Fan
Member since Jul 2004
30927 posts

re: Current Mortgage Rates
That depends on how much you have remaining. I looked at refinancing very recently but ended up deciding it wasn't worthwhile. For me we're 60% of the way through the principal and would be reducing the rate by less than a point. If either of those things were different I might have chosen differently.

You should run your own numbers using a free online mortgage calculator and compare your potential options (e.g. stay with the current loan, pay down principal, or refinance). Don't be surprised if the broker wants to introduce closing costs as well as other fees and roll them into your loan - that costs you money too because it increases your principal and interest over the life of the loan.


Replies (0)
Replies (0)
00
HurricaneDunc
Bowling Green Fan
Houston
Member since Nov 2008
10353 posts

re: Current Mortgage Rates
Was just quoted 3.6%, but this is for a jumbo one time close construction loan.


Replies (0)
Replies (0)
00
Jump to page
Page First 10 11 12 13 14 ... 17
Jump to page
first pageprev pagePage 12 of 17next pagelast page

Back to top

logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram