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Old 08-07-2008, 11:28 AM
 
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at 6.5% for 30 year conforming with 20% down? Closing $5500 includes first year insurance and escrow. Chase Mortgage -w e can lock without committment to the actual loan.
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Old 08-07-2008, 04:25 PM
 
Location: N of citrus, S of decent corn
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Why not? You can always refinance later. I assume you have already shopped for rates?
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Old 08-07-2008, 05:07 PM
 
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Yes, the 6.5% is APR rate - I can get some quotes a little lower some a little higher but everything seems to be bouncing around right now - it sure would be good to have a feel - - - it sounds like the winds of change are that rates will go up significantly but who knows --- true, can drop down later perhaps. I guess we will apply and get the actual statement. She ran the numbers for us and I know the credit / income will check out based on another approval.
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