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Started By
Message
Mortgage interest rates
Posted on 3/23/20 at 8:15 am
Posted on 3/23/20 at 8:15 am
How the home mortgage interest rates looking this morning after the fed announcement?
They were sky high last TH and Fri
They were sky high last TH and Fri
5
Posted on 3/23/20 at 8:23 am to Mudminnow
They are going to continue to rise
Posted on 3/23/20 at 8:29 am to schexyoung
Think so. I heard they had some rates that were 4.5%+ on Friday afternoon. I guess demand really is that high.
Posted on 3/23/20 at 8:34 am to Mudminnow
Posted on 3/23/20 at 8:47 am to Mudminnow
I got in for 3.1% at my credit union. They went up to 3.3 and then 3.6. I just looked and they still have 3.6 listed.
Posted on 3/23/20 at 8:47 am to OleWarSkuleAlum
I was wondering if anybody has a live look this morning. We met with our mortgage broker on Friday and showed us the live feed of all the rates. Many 4's with some 5's mixed in.
Two weeks ago 2.65 on a 15 year. Hoping to get something similar
Two weeks ago 2.65 on a 15 year. Hoping to get something similar
Posted on 3/23/20 at 9:41 am to Mudminnow
Late Friday afternoon I barely dropped back below 4 on the 30’s. Am going to get lower pricing this morning. Not sure how much yet though.
Posted on 3/23/20 at 10:11 am to Mudminnow
quote:
Two weeks ago 2.65 on a 15 year. Hoping to get something similar
Kicking myself for not locking 2.625 on a 15 yr 2 weeks ago as well
Posted on 3/23/20 at 10:18 am to 632627
quote:
Kicking myself for not locking 2.625 on a 15 yr 2 weeks ago as well
I made a huge mistake, not having our paperwork and everything in the hands of the broker. Now we just need to press a button when rates come down.
Posted on 3/23/20 at 10:37 am to Mudminnow
They will come back down for new mortgages, and will for refi's after the hysteria dies down.
Posted on 3/23/20 at 1:46 pm to kywildcatfanone
Just got 2.75 on a 15 yr refi locked.
Posted on 3/23/20 at 1:55 pm to 632627
Today?
Posted on 3/23/20 at 2:03 pm to Mudminnow
Yes
Posted on 3/23/20 at 2:25 pm to Mudminnow
Filled out paperwork back when they were 2.65 a couple weeks back, local credit union is so backed up I still haven't heard from them. Hopefully we get all the i's dotted and t's crossed by the time they fall again in the near future. Not a matter if they get back down below 3 but when imo.
Posted on 3/23/20 at 3:27 pm to Mudminnow
quote:
Kicking myself for not locking 2.625 on a 15 yr 2 weeks ago as well
quote:
I made a huge mistake, not having our paperwork and everything in the hands of the broker. Now we just need to press a button when rates come down.
I'm in the same boat
Posted on 3/23/20 at 3:28 pm to lsu tigerdog
How about a general number? What are y’all giving out currently?
Posted on 3/23/20 at 3:40 pm to MrJimBeam
I started a sofi 30 yr buying down to 2.75 today, let's see if I can close it
Posted on 3/23/20 at 4:00 pm to RJSambola
Locked 30 yrs at 2.85%
Had 4.25%
Had 4.25%
Posted on 3/23/20 at 4:02 pm to RJSambola
quote:
I started a sofi 30 yr buying down to 2.75 today, let's see if I can close it
What do they charge in points, underwriting fees, etc?
Posted on 3/23/20 at 4:18 pm to 632627
I’m so glad I locked in at 2.625 on my 15 year a few weeks back. Zero points.
A few people made me fomo posting about their 2.3s but dang I got a damn good rate.
A few people made me fomo posting about their 2.3s but dang I got a damn good rate.
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