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Old 08-06-2012, 09:57 PM
 
46 posts, read 89,827 times
Reputation: 25

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Quote:
Originally Posted by westchester View Post
Just wondering what mortgage rates people are getting and w what banks and cost etc etc etc.
2.625% for 15-year fixed conforming loan with 0.125 points.
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Old 08-07-2012, 05:53 AM
 
3,599 posts, read 6,785,732 times
Reputation: 1461
Too bad Google Advisor for mortgage comparison is no longer available. Google Advisor was the best mortgage search engine. I have no clue the real reason behind but I am sure the lending industry exerted a ton of pressure (or wanted $$$ from google) for releasing the best mortgage comparison search.

Anything that saves consumers money and makes it easier to compare rates is frowned upon on any industry out to protect it's own interest.

Google Advisor for other industry rates still exists. So it's apparent the banks/lenders were behind strong arming Google to get rid of mortgage rate shopping.
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Old 08-07-2012, 11:41 AM
 
5,342 posts, read 14,144,755 times
Reputation: 4700
Quote:
Originally Posted by aneftp View Post
Too bad Google Advisor for mortgage comparison is no longer available. Google Advisor was the best mortgage search engine. I have no clue the real reason behind but I am sure the lending industry exerted a ton of pressure (or wanted $$$ from google) for releasing the best mortgage comparison search.

Anything that saves consumers money and makes it easier to compare rates is frowned upon on any industry out to protect it's own interest.

Google Advisor for other industry rates still exists. So it's apparent the banks/lenders were behind strong arming Google to get rid of mortgage rate shopping.
I highly doubt Google is pushed around by mortgage lenders. I also don't see how a search engine could tell you who had the best rate/cost options of all lenders in the country. They probably stopped it because it is impossible to compare apples to apples when it comes to mortgages. Too many variables and how would Google even get the data from 1/2 the lenders?
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Old 08-07-2012, 05:53 PM
 
8,411 posts, read 7,427,057 times
Reputation: 6409
Quote:
Originally Posted by aneftp View Post
Too bad Google Advisor for mortgage comparison is no longer available. Google Advisor was the best mortgage search engine. I have no clue the real reason behind but I am sure the lending industry exerted a ton of pressure (or wanted $$$ from google) for releasing the best mortgage comparison search.

Anything that saves consumers money and makes it easier to compare rates is frowned upon on any industry out to protect it's own interest.

Google Advisor for other industry rates still exists. So it's apparent the banks/lenders were behind strong arming Google to get rid of mortgage rate shopping.
I use Bankrate.com to check up on the rates.
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Old 08-07-2012, 06:00 PM
 
Location: Austin
7,244 posts, read 21,818,804 times
Reputation: 10015
I refinanced in December to a 4% for a 30 year. I just locked today to refinance again at 3% for a 15 year with ALL fees paid including the escrow fee waiver. That's a discount in title policy also since it's been just a few months since the last was issued.
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Old 08-08-2012, 03:57 PM
 
2,288 posts, read 3,240,291 times
Reputation: 7067
Quote:
Originally Posted by aneftp View Post

We just refinanced my mother's home (which my sister co-owns for legal protection) into a 5/1 ARM 2.75% 6 weeks ago (no cost refinance). .

Aneftp, If I'm being to intrusive, please say so, but your post caught my eye. I own my home and have wondered if theres any reason to add one/both of my grown sons on my house. Could I ask what kind of protection that would afford me/them? I had thought it'd just be eaiser on them when I pass, but is there other reasons I should be looking at? Thanks for your help and if you dont want to answer I understand.
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Old 08-09-2012, 09:27 AM
 
1 posts, read 740 times
Reputation: 10
My brother just closed in May on a 4.1% 30 year no points, no closing, 5% percent down with a 625 mid score.
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