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Started By
Message
re: Current Mortgage Rates
Posted on 5/8/20 at 4:34 pm to ellesssuuu
Posted on 5/8/20 at 4:34 pm to ellesssuuu
What are the current rates for jumbo loans? 800+ credit
Posted on 5/8/20 at 4:42 pm to oilmanNO
quote:
Can you provide the contact info? I know a lot of people who would jump at those terms
It's a mortgage bank that my good friend is a part of the upper management team, so others may not get the waived fees, but feel free to try them and see what rates yall can get. Franklin Loan Center. I'm not sure what all states they are and are not licensed in though.
This post was edited on 5/8/20 at 5:18 pm
Posted on 5/8/20 at 5:22 pm to ellesssuuu
quote:
3.25 on 30 year and 2.75 on 15 year right now
Thanks dude
Posted on 5/8/20 at 6:24 pm to ellesssuuu
Thanks for the updates ellesssuuu! Do you have any new rates on 15 or 20s?
Posted on 5/8/20 at 7:00 pm to PrettyLights
quote:
What are the current rates for jumbo loans? 800+ credit
I’m curious as well. I know you’ve commented before Jumbos are impacted a lot differently. I’m at 4.0%.
Posted on 5/11/20 at 9:33 am to LSUtigerME
Giddy up for todays interest rates. How are they looking?
Posted on 5/11/20 at 12:53 pm to Mudminnow
We locked in a 2.75% 25-year fixed on Friday afternoon. No buy down
Posted on 5/11/20 at 2:50 pm to TigreB77
Was quoted 2.99% today on a 30 year. No points. Very tempted to lock in.
ETA - wasn't getting anything better, so locked in 2.99%.

ETA - wasn't getting anything better, so locked in 2.99%.
This post was edited on 5/11/20 at 4:51 pm
Posted on 5/11/20 at 3:13 pm to boomtapp
Out of curiosity, what are the total closing costs you guys are seeing (excluding points and escrow of property taxes) ?
Posted on 5/11/20 at 3:16 pm to 632627
my 2.99% had $1,100 closing costs, $1,600 third party, and $225 for recording and attorney review. $2,925 total. If appraisal is needed, that would be $500 or so on top.
Posted on 5/11/20 at 3:33 pm to boomtapp
3% is in play now baws, with No points. appraisal might not be required. $2,900 in closing costs ($2,100 in Title - $800 lender).
This post was edited on 5/14/20 at 5:29 pm
Posted on 5/11/20 at 3:34 pm to PotatoChip
3.125 on 20 year and 2.75 on 15 year
Posted on 5/11/20 at 6:58 pm to HowboutthemTigers
$2,100 in title? Seems very high on a refi. Save your clients $ on reissue rates. And a one link update off current policy takes 10 minutes.
Posted on 5/12/20 at 1:38 am to modes
quote:
We locked in a 2.75% 25-year fixed on Friday afternoon. No buy down
I’d take that in a heartbeat. Local bank?
Posted on 5/12/20 at 6:49 am to Sho Nuff
I can give y’all a deal on the title fees in Baton Rouge area. Username@yahoo.com if you want a quote.
Posted on 5/12/20 at 7:09 am to HowboutthemTigers
quote:My sister just locked in 3% on a refinance but I’m not sure the closing costs.
3% is in play now baws, with No points
I’m 5 years into a 30 year at 3.625 so I’d probably make a move if it gets down to 2.7-2.8 range.
Posted on 5/12/20 at 8:16 am to boomtapp
I just paid a grand total of $2900 in closing costs as well, with an appraisal waiver.
Posted on 5/12/20 at 10:22 am to Sho Nuff
My guy out in Prairieville. Closing Costs around $1600. No appraisal needed
Posted on 5/12/20 at 10:57 am to modes
Just applied for a refi... I'll be interested to see what I get. I'm almost 4 years into a 30 at 4% so I don't know if it'll be worth it. Ideally would like to drop to a 20 year or maybe even 15
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