Posted by Ndwa on 9/18/06 12:35pm
Msg #146757
Just locked in
5.9% 30yrs fix @ 6.17% APR. I thought this is a good deal b/c I haven't seen any of those I closed has less than 6.5% with a higher APR. You guys seen anything lower?
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Reply by cassiewi on 9/18/06 12:37pm
Msg #146758
Nope
The lowest I've seen is 6.5%, and I've only seen that once in the last couple of months. Good for you.
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Reply by Jersey_Boy on 9/18/06 12:52pm
Msg #146764
Take the 5.9 and run w/ it....
And haggle the heck out of your closing costs.... getem down.... getem back.... WAAAYYY BACK!
I got 5 7/8 two years ago.... You must have either:
1) a purrty credit report
2) low LTV
3) 1 & 2.
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Reply by Gary_CA on 9/18/06 12:55pm
Msg #146765
Answer #3 ding ding ding ding ding
That's a nice loan... I know loan officers that don't have loans like that.
30 fixed for real right? Not 2/28 or any non-sense...
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Reply by Blueink_CA on 9/18/06 12:57pm
Msg #146767
Andy, are you paying any points? n/m
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Reply by Ndwa on 9/18/06 1:14pm
Msg #146772
1 disc & 1 orgination. n/m
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Reply by celeste/ca on 9/18/06 2:18pm
Msg #146788
Re: 1 disc & 1 orgination.
Have you tried bankrate.com? 30 fixed in Washington with 0 points ranges from 5.875% to 6.5% depending how much you want to pay in fees. I found a couple listed at 6.0% with the broker fees around 1300.00. I myself try to find 0 points, unless you know for sure you don't plan on moving in the near future to recup the costs.
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Reply by celeste/ca on 9/18/06 2:19pm
Msg #146789
OOPPS.....
Meant to say recoop, not recup.
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Reply by Mung/CA on 9/18/06 3:27pm
Msg #146804
Todays rate is 5.75% w/buydown, 30 yr, conforming n/m
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Reply by Charm_AL on 9/18/06 2:23pm
Msg #146790
I think it's good to, Andy...
based on what I've been seeing. I have seen some really strange stuff lately and I experienced three no signs this month! 9k in closing costs, got a hearty WHOA when I whipped out the HUD....a 2 yr arm into a 2 yr arm, losing 25k to get $1,800. in debt paid off, and a refi that went bad. The borrower thought he was closing a loan by himself, re-fi had both parents on as co-borrowers. That one is in talks with an attny....groan.
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Reply by Ndwa on 9/18/06 6:28pm
Msg #146838
Thanks everyone
I spoke with a broker (a client of mine) and she said roll it as fast as I can. She said this lender is very agressive in keeping their customer so they can't be beat, even her.
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