U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate > Mortgages
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
 
Old 12-04-2008, 11:20 AM
 
1,821 posts, read 7,411,526 times
Reputation: 1040

Advertisements

If Ever?
Rate this post positively Quick reply to this message

 
Old 12-04-2008, 12:02 PM
 
Location: Charlotte, North Carolina
5,137 posts, read 15,908,368 times
Reputation: 1008
today 30yr fixed rates are at 5%...paying 1 origination fee.
(720+ score, 20% down, 200k loan amount)

It will probably continue to go further
Rate this post positively Quick reply to this message
 
Old 12-04-2008, 01:28 PM
GMU
 
Location: VA
56 posts, read 538,231 times
Reputation: 48
How much does only putting 10% down typically add to the rate, like to that 5% for example?
Rate this post positively Quick reply to this message
 
Old 12-04-2008, 01:29 PM
 
Location: Charlotte, North Carolina
5,137 posts, read 15,908,368 times
Reputation: 1008
it should be the same rate but then you have to pay PMI..

Quote:
Originally Posted by GMU View Post
How much does only putting 10% down typically add to the rate, like to that 5% for example?
Rate this post positively Quick reply to this message
 
Old 12-04-2008, 01:45 PM
 
Location: Charlotte, NC
46 posts, read 107,313 times
Reputation: 34
Quote:
Originally Posted by renriq02 View Post
today 30yr fixed rates are at 5%...paying 1 origination fee.
(720+ score, 20% down, 200k loan amount)

It will probably continue to go further

what about fha? how are those rates looking?
Rate this post positively Quick reply to this message
 
Old 12-04-2008, 02:11 PM
 
Location: Charlotte, North Carolina
5,137 posts, read 15,908,368 times
Reputation: 1008
5.375-5.5 with 3% down....1 origination fee...same as above

Quote:
Originally Posted by ivymw2002 View Post
what about fha? how are those rates looking?
Rate this post positively Quick reply to this message
 
Old 12-04-2008, 02:14 PM
 
Location: Fort Myers, FL
1,286 posts, read 2,773,991 times
Reputation: 249
well tomorrow the new horrible unemployment rates come out! this will drive interest rates down!
Rate this post positively Quick reply to this message
 
Old 12-04-2008, 02:18 PM
 
Location: Charlotte, NC
46 posts, read 107,313 times
Reputation: 34
Quote:
Originally Posted by renriq02 View Post
5.375-5.5 with 3% down....1 origination fee...same as above
thanks....im closing on dec 16. im locked at 5.5% im hoping i can float down to a better rate.
Rate this post positively Quick reply to this message
 
Old 12-04-2008, 02:42 PM
 
Location: Charlotte, North Carolina
5,137 posts, read 15,908,368 times
Reputation: 1008
it was 5.25% last week...but 5.5% is still a good rate!

Quote:
Originally Posted by ivymw2002 View Post
thanks....im closing on dec 16. im locked at 5.5% im hoping i can float down to a better rate.
Rate this post positively Quick reply to this message
 
Old 12-04-2008, 03:16 PM
 
Location: Casa Grande, AZ (May 08)
1,691 posts, read 3,972,123 times
Reputation: 1421
How bout for Streamline FHA refi? Im at 5.75 now, but plan to be in house long term....so if they can get to the 5.0 range it may be worth it to do a streamline...I dont need any cash out...also, any idea of BALLPARK (I know each situation is different) streamline closing costs on a 144K loan amount?
Rate this post positively Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


 
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:
Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate > Mortgages
Similar Threads

All times are GMT -6.

© 2005-2022, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top