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Current Mortgage Rates

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lulugrrl
My 3 Blessings

Member since 3/06

6551 total posts

Name:
L

Current Mortgage Rates

I know they keep changing. We just got 6.2%, does this sound about right for the current mortgage conditions?

PS Am I a fool for trusting a broker? I have used him before...but I always wonder.

Message edited 3/22/2007 4:12:29 PM.

Posted 3/22/07 4:10 PM
 
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chikita315
Love

Member since 8/06

7945 total posts

Name:
M-lo

Re: Current Mortgage Rates

I just spoke to a broker and he gave me a high estimate of 6.5, so I think 6.2 sounds about right.

Posted 3/22/07 4:17 PM
 

ODonnell
.

Member since 9/05

5983 total posts

Name:

Re: Current Mortgage Rates

Actually they just came down according to BFCU, my bank. Today's rate with them is 5.875% as opposed to 6% the other day.

Posted 3/22/07 4:19 PM
 

lulugrrl
My 3 Blessings

Member since 3/06

6551 total posts

Name:
L

Re: Current Mortgage Rates

hmm, I signed paperwork already, now i am regretting not shopping around, DAYUM

Posted 3/22/07 4:50 PM
 

ali120206
2 Boys

Member since 7/06

17792 total posts

Name:

Re: Current Mortgage Rates

Posted by lulugrrl

hmm, I signed paperwork already, now i am regretting not shopping around, DAYUM



My broker said that if the rates go down after you lock in, they can re-lock.

Posted 3/22/07 5:06 PM
 

CouldNotAsk4More
LIF Adolescent

Member since 5/05

623 total posts

Name:
me

Re: Current Mortgage Rates

we locked in last week at 6% with no points wells fargo!

Posted 3/22/07 8:17 PM
 

dbleplay17
My 2 boys!

Member since 10/06

4578 total posts

Name:
Chrissy

Re: Current Mortgage Rates

we are getting 6.25

Posted 3/22/07 10:04 PM
 

Akajt98
Sooo Excited

Member since 6/06

2252 total posts

Name:
Jill

Re: Current Mortgage Rates

we got 6.125%

Posted 3/22/07 10:08 PM
 

KAAM
LIF Adult

Member since 5/05

1247 total posts

Name:

Re: Current Mortgage Rates

I spoke with HSBC today and she told me they are have .25 off if you sign by the end of the month. We were originally told 6, so that would make it 5.75-5.8.

Oh, the pressure of a deadline....

Posted 3/22/07 10:43 PM
 

MrsRivera
2 under 2...whew!!

Member since 2/07

9876 total posts

Name:
Beth

Re: Current Mortgage Rates

We were just quoted 6.375% with Bank of America...but we're still shopping around.

Posted 3/23/07 12:31 AM
 

Jacksmommy
My love muffin!

Member since 1/07

5819 total posts

Name:
Liz

Re: Current Mortgage Rates

Posted by CouldNotAsk4More

we locked in last week at 6% with no points wells fargo!



We did too...but two weeks ago

Posted 3/23/07 5:52 AM
 

AllyandMike
LIF Infant

Member since 4/06

64 total posts

Name:

Re: Current Mortgage Rates

We locked in last Friday at 6% with Greenpoint.

Posted 3/23/07 8:55 AM
 

MarathonKnitter
HAPPY

Member since 2/07

17374 total posts

Name:
EMBRACING CHANGE

Re: Current Mortgage Rates

i'm so happy to read all these numbers!!

i thought i was getting $crewed for some reason. we're at 6.325%, and looking to lock it in next week.

thanks you all for sharing your info

Posted 3/23/07 10:06 AM
 

lulugrrl
My 3 Blessings

Member since 3/06

6551 total posts

Name:
L

Re: Current Mortgage Rates

Thanks all for your answers. I just always wonder if the borker gets you the best deal, or if they go with the deal that best benefits them.

Posted 3/23/07 10:27 AM
 

SweetTooth
I'm a tired mommy!

Member since 12/05

20105 total posts

Name:
Lauren

Re: Current Mortgage Rates

Posted by lulugrrl

Thanks all for your answers. I just always wonder if the borker gets you the best deal, or if they go with the deal that best benefits them.



depends on your broker.. just like in every other busines, most are honest, but there are some who are scumbags.

Posted 3/23/07 11:56 AM
 

Hi-Fi55
12 years...wow....

Member since 2/06

2984 total posts

Name:
Dianne

Re: Current Mortgage Rates

Posted by SweetTooth

Posted by lulugrrl

Thanks all for your answers. I just always wonder if the borker gets you the best deal, or if they go with the deal that best benefits them.



depends on your broker.. just like in every other busines, most are honest, but there are some who are scumbags.



Definitely agree with Lauren. Just be careful of who you go to. Just because they promise a great rate, doesn't mean you'll get it.

Posted 3/23/07 1:20 PM
 
 

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