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Old 09-28-2007, 12:16 PM
 
Location: PA
1,032 posts, read 3,973,605 times
Reputation: 432

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Quote:
Originally Posted by banker0679 View Post
yep! i posted this a few weeks ago...and nobody believed me.

they thought i was cuckoo
I believed you, I believed you!! Good thing too, because rates have gone up since I locked (I locked the day before the big fed meeting).
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Old 09-28-2007, 12:17 PM
 
Location: Charlotte, North Carolina
5,137 posts, read 15,617,889 times
Reputation: 1008
i felt that everyone wanted to stone with me the bad news lol

I'm glad you got a great rate!
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Old 09-28-2007, 12:22 PM
 
609 posts, read 1,964,592 times
Reputation: 241
Quote:
Originally Posted by gregandvicky View Post
It appears at this point mortgage rates are staying the same or even edging up. Apparently a shortage of money available to loan. If the sub primers are not repaying and financial institutions have too many foreclosures the money is tight and their funds are tied up in RE and not money.

I guess a wait and see is best right now. Also the 10 year note has moved up in rate and down in price. Not very positive after a 50 basis point reduction in funds and 50 reduction in discount rate.

Seems that the world has turned upside down.
Funny thing, when I originally posted this no one believed it. Some even questioned and criticized.
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Old 09-19-2008, 08:04 AM
 
2 posts, read 4,684 times
Reputation: 10
Default mortgage broker

Quote:
Originally Posted by Gosox05 View Post
I am looking to lock in a rate soon and I was wondering since the fed lowered the Fed fund rate today, if the mortgage rates would be going down soon. I am looking at a 30 year fixed.

thanks.
They are holding steady but I forsee them going up soon.
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Old 09-19-2008, 11:00 AM
 
Location: Fort Myers, FL
1,286 posts, read 2,706,634 times
Reputation: 249
Quote:
Originally Posted by roudy357 View Post
They are holding steady but I forsee them going up soon.
thank you for your advice on a thread that was a full year OLD
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Old 09-19-2008, 03:43 PM
 
82 posts, read 297,352 times
Reputation: 14
rates are up
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Old 03-16-2009, 02:27 PM
 
1 posts, read 2,532 times
Reputation: 10
Wink What is the current FHA rate today 3/16?

I am locked in a FHA rate but allowed two drops.. getting the lowest.. Any thoughts on where this might go in the next 30 days?
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