Started By
Message

re: New Current Mortgage Rates Thread

Posted on 2/5/21 at 9:25 am to
Posted by hawkeye007
Member since Feb 2010
5851 posts
Posted on 2/5/21 at 9:25 am to
rates going to be the same on a 20yr, you dont want to cash out because the rate goes up by .75% for a cashout jumbo.
Posted by hawkeye007
Member since Feb 2010
5851 posts
Posted on 2/5/21 at 9:26 am to
congrats thats the best benifit th veteran to have. Also VA loans allways have super low rates compared to Conventional.
Posted by hawkeye007
Member since Feb 2010
5851 posts
Posted on 2/5/21 at 9:32 am to
no i work for Hancock Bank i can't lend in south carolina.
Posted by slacker130
Your mom
Member since Jul 2010
8001 posts
Posted on 2/5/21 at 10:31 am to
I finally refinanced a VA at 2.25% with total closing cost of $1500. I dropped from 3.625 and will pay off the cost of the refi in 4 months. I'll keep my payment the same and save almost $90k in interest.
Posted by WeAreBR
Member since Oct 2020
125 posts
Posted on 2/5/21 at 10:49 am to
It is 3.5% fixed interest only during construction phase. Rate are locked once the final appraisal update is received.
Posted by Sho Nuff
Oahu
Member since Feb 2009
11917 posts
Posted on 2/6/21 at 2:10 pm to
quote:

I finally refinanced a VA at 2.25% with total closing cost of $1500.

That's pretty tasty. I don't have access to VA. My little bro did and got 2.3% himself. I'm more than happy though, I was at 3.75%.
Posted by AndyJ
Member since Jul 2008
2755 posts
Posted on 2/7/21 at 8:39 am to
Thanks :)
Posted by geauxtigers810
baton rouge
Member since Jun 2004
523 posts
Posted on 2/17/21 at 4:04 pm to
Should I lock in a 15 year at 2.375% for a mid-April close?
Posted by Codeasy87
Covington, LA
Member since Feb 2020
280 posts
Posted on 2/17/21 at 4:45 pm to
About to get 2.25 for a VA IRRL. Possibly lower since our credit tis great.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73654 posts
Posted on 2/17/21 at 4:52 pm to
Buy down to under 2%
Posted by wileyjones
Member since May 2014
2297 posts
Posted on 2/25/21 at 11:16 am to
What are latest rates for 30year traditional?

Want to keep an eye on it with 10year treasury on the move
Posted by Drunken Crawfish
Member since Apr 2017
3823 posts
Posted on 2/25/21 at 11:35 am to
I think I saw they bumped up to 3ish yesterday.
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 2/25/21 at 11:50 am to
Yea I got quoted 3.25 yesterday
Posted by blueboxer1119
Baton Rouge
Member since May 2013
7997 posts
Posted on 2/25/21 at 11:55 am to
3% for cash out refi.

780 credit score.

.2 higher than I was quoted last fall.
Posted by Hiking Tiger
Member since Oct 2020
194 posts
Posted on 2/25/21 at 3:04 pm to
Looks like a big jump today. Will this trend continue?

Currently building, watching them rise for the last 2 weeks. Probably 3 months out from being able to lock in.
Posted by WeAreBR
Member since Oct 2020
125 posts
Posted on 2/25/21 at 5:03 pm to
Tomorrow will be a big day to see where bond prices go - They are currently high due to the fears of inflation. Tomorrow we get the feds favorite measure of inflation - PCE. Ideally it will cause the 10 year treasury to go to 160, which will give us a bounce. We are still lower than we were last at this time so hang in there, it might get better by the time your construction is done.
Posted by DiamondDog
Louisiana
Member since Nov 2019
10570 posts
Posted on 2/26/21 at 6:23 am to
5% down. $356,000 mortgage. 30 yr fixed. 3.2% rate. Our middle avg was 700. Could be worse. We locked yesterday.
This post was edited on 2/26/21 at 6:25 am
Posted by Odinson
Asgard
Member since Apr 2014
2754 posts
Posted on 2/26/21 at 8:28 am to
Closed on a house Tuesday. 30 yr fixed. 2.65%
Posted by Hiking Tiger
Member since Oct 2020
194 posts
Posted on 2/26/21 at 4:03 pm to
Anything new on this today?
Posted by WeAreBR
Member since Oct 2020
125 posts
Posted on 2/26/21 at 4:36 pm to
PCE (Personal Consumption Expenditures) was up .3% in January, which was in line with expectations. Year over year index increased from 1.3% to 1.5%. As a result, mortgage bonds climbed back above 100.133- Hoping to see a follow through of improvement next week - Float for now
first pageprev pagePage 3 of 4Next 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