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Old 03-12-2010, 10:20 AM
 
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I am home from work today and thought I would look into the current rates for a 30 year fixed rate mortgage and from what institution. I was hoping someone would be willing to share their latest quote to save me some time.

Thanks in advance!
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Old 03-12-2010, 11:31 AM
 
Location: Cary, NC
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Unless the quote is from today it won't matter. Mortgage rates and fees change daily. If you don't want to waste time, call a mortgage broker and get information that is relevant to today.

Here's one to get you started: Joey Hansen Mortgages
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Old 03-12-2010, 09:02 PM
 
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I've been getting rates over the last week or two, and they've always been either 4.875% or 5.0% with one origination point for conventional loans (95% LTV ratio), and I've seen these same rates with no points on FHA loans.
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Old 03-13-2010, 06:03 AM
 
Location: Wake Forest, NC
835 posts, read 3,528,288 times
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No one can quote you rates without knowledge of your individual qualifications.

Credit score? loan to value? loan amount? purchase/ refinance? if refi do you have 2nd mortgage? if you do, do you want to pay it off? was 2nd taken out the day you bought house or at a later date? how do you want to structure closing costs/ there are 3 ways and whats best for you may not be whats best for someone else? how long of a rate lock?

Closing rate sheets from yesterday day have rates as low as 4.75% with 1% origination, 4.875 with no origination, 5.0% no closing costs, but I don't know if you qualify for these rates. The guidelines have changed as far as who qualifies for the lowest rates. There are a lot of layers of adjustments that were not around a few years ago. To give you an example with 739 credit and 20% down you would not qualify for these rates.
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Old 03-13-2010, 06:20 AM
 
Location: Cary, NC
31,605 posts, read 55,320,924 times
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Quote:
Originally Posted by dad2jules View Post
No one can quote you rates without knowledge of your individual qualifications.

Credit score? loan to value? loan amount? purchase/ refinance? if refi do you have 2nd mortgage? if you do, do you want to pay it off? was 2nd taken out the day you bought house or at a later date? how do you want to structure closing costs/ there are 3 ways and whats best for you may not be whats best for someone else? how long of a rate lock?

Closing rate sheets from yesterday day have rates as low as 4.75% with 1% origination, 4.875 with no origination, 5.0% no closing costs, but I don't know if you qualify for these rates. The guidelines have changed as far as who qualifies for the lowest rates. There are a lot of layers of adjustments that were not around a few years ago. To give you an example with 739 credit and 20% down you would not qualify for these rates.
Good post.
The landscape is ever-shifting.
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