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MrsRivera
2 under 2...whew!!
Member since 2/07 9876 total posts
Name:
Beth
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if you've recently gotten a 30 year fixed mortgage...please help!
I don't know why, but I feel like I'm getting screwed on our interest rate.
We're being quoted 6.375% for our 30 year fixed. That seems a little high to me, considering we have really good credit.
Would you guys mind sharing some numbers with me? I just feel like it should be a bit lower... 
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Posted 4/11/07 12:25 PM  |
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PotofLuck06
Our Baby Boy Is Here!!!
Member since 11/06 13241 total posts
Name:
Betsy
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
We locked in at 6.00% in Dec.
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| Posted 4/11/07 12:29 PM |
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Stefanie
♥
Member since 5/05 23599 total posts
Name:
Stefanie
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
We have 6.10% on a stated income.
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| Posted 4/11/07 12:30 PM |
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MrsRivera
2 under 2...whew!!
Member since 2/07 9876 total posts
Name:
Beth
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
PotofLuck, any idea if you guys paid the origination fee upfront? We were offered 6% if we were to pay that upfront, but it's another $2100 that we really don't have.
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| Posted 4/11/07 12:30 PM |
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MrsM-6-7-08
<3
Member since 8/06 4249 total posts
Name:
Nicole
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
that is our rate, 6.375% we bought in august 06
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| Posted 4/11/07 12:34 PM |
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Smileyd17
kids
Member since 5/05 20997 total posts
Name:
Mommy
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
6.75% and not so great credit, closed in Jan '07.
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| Posted 4/11/07 12:42 PM |
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lululu
LIF Adult
Member since 7/05 9511 total posts
Name:
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
I know someone that just locked at 6.00 but was getting rates anywhere from 6-6.5%.
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| Posted 4/11/07 12:49 PM |
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kerrycec03
Mom of 2 beautiful boys!!
Member since 6/06 13519 total posts
Name:
Kerry
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
6.125% in Feb with ok credit
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| Posted 4/11/07 12:54 PM |
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betty
My boys
Member since 5/05 4380 total posts
Name:
Beth
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
We got 5.875 closed in March...I believe we paid 1/8 of a point.
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| Posted 4/11/07 12:58 PM |
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Joanna
LIF Infant
Member since 3/07 99 total posts
Name:
Joanna
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
I was quoted 6.25 on Friday. I was told that the rates would be increasing because of the march employment rates (they were very good). The NY Times on Sundays posts the mortgage rates and I think it was in the 6.3% range. I didn't lock in at that 6.25 rate, so I'm hoping it goes down...
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| Posted 4/11/07 12:59 PM |
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VickiC
Rocking the party
Member since 5/05 4937 total posts
Name:
Vicki
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
We were quoted 6.375% in March for a Jumbo mortgage. Is yours a jumbo mortgage??
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| Posted 4/11/07 1:01 PM |
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SweetTooth
I'm a tired mommy!
Member since 12/05 20105 total posts
Name:
Lauren
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
We locked in on 4/7 at 6.125. I know our mortgage broker told us the rates were going up, so he wanted to lock us in then. A couple of weeks earlier he could have gotten lower... they go up and down.
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| Posted 4/11/07 1:01 PM |
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PotofLuck06
Our Baby Boy Is Here!!!
Member since 11/06 13241 total posts
Name:
Betsy
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
Posted by MrsRivera
PotofLuck, any idea if you guys paid the origination fee upfront? We were offered 6% if we were to pay that upfront, but it's another $2100 that we really don't have.
We didn't pay any fee except the mortgage application fee of $300 with HSBC. DH and I have excellent credit, and we locked in on a Sunday b/c Monday the rates went up to 6.125, which we wanted to avoid in Dec.
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| Posted 4/11/07 1:05 PM |
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SweetTooth
I'm a tired mommy!
Member since 12/05 20105 total posts
Name:
Lauren
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
Posted by PotofLuck06
Posted by MrsRivera
PotofLuck, any idea if you guys paid the origination fee upfront? We were offered 6% if we were to pay that upfront, but it's another $2100 that we really don't have.
We didn't pay any fee except the mortgage application fee of $300 with HSBC. DH and I have excellent credit, and we locked in on a Sunday b/c Monday the rates went up to 6.125, which we wanted to avoid in Dec.
And also that was months ago, we were locked in at that time for 6% as well..our lock in expired on 2/28 and now we have a new one thats slightly higher.
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| Posted 4/11/07 1:10 PM |
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lorich
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Member since 6/05 9987 total posts
Name:
Grammie says "Lora Gina"
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
6.125% in Feb
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| Posted 4/11/07 1:13 PM |
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MrsNaunie
Kai helps my father dump out.
Member since 9/06 1181 total posts
Name:
Lauren
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
6.25% 3 weeks ago.
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| Posted 4/11/07 1:20 PM |
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bikramaddict
mommy-to-be
Member since 8/06 4376 total posts
Name:
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
6.5% ( ) and locked at the end of October 06. It's a gamble -- had I locked about two weeks earlier, my rate would've been 6.3%. My broker thought rates would go up more so I locked. That wasn't the case.
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| Posted 4/11/07 1:27 PM |
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Akajt98
Sooo Excited
Member since 6/06 2252 total posts
Name:
Jill
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
Locked in 2 weeks ago at 6% with no points or origination fees. I know they have gone up since then.
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| Posted 4/11/07 1:38 PM |
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MrsRivera
2 under 2...whew!!
Member since 2/07 9876 total posts
Name:
Beth
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
Thank you all SO MUCH for your help. I did do lots of shopping around, and thought all the estimates were right around the same amount...I just wanted to make sure that the rates have indeed gone up, and that we're not just being taken for a ride. 
Thank you !!!!
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| Posted 4/11/07 2:07 PM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
I can ask my husband later is you buying OOS is making a difference???
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| Posted 4/11/07 2:08 PM |
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MrsRivera
2 under 2...whew!!
Member since 2/07 9876 total posts
Name:
Beth
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
Posted by Beth1210
I can ask my husband later is you buying OOS is making a difference???
Could very well be...DH did say that it could be the fact that our mortgage will only be $245,000, and not much more like it would be here.
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| Posted 4/11/07 2:14 PM |
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ckone
LIF Adult
Member since 8/06 3014 total posts
Name:
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
I haven't locked yet but we were quoted 6% by wamu...
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| Posted 4/11/07 2:38 PM |
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MSeid
LIF Adolescent
Member since 11/05 805 total posts
Name:
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
Locked in with Chase at 6.125% 3 weeks ago, with no fees
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| Posted 4/11/07 2:44 PM |
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kerrycec03
Mom of 2 beautiful boys!!
Member since 6/06 13519 total posts
Name:
Kerry
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
Posted by MrsRivera
Posted by Beth1210
I can ask my husband later is you buying OOS is making a difference???
Could very well be...DH did say that it could be the fact that our mortgage will only be $245,000, and not much more like it would be here.
not really because we only mortgaged $252,000 which is almost the same as $245,000 when you look into monthly payments.
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| Posted 4/11/07 2:49 PM |
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angnick
Life is So Wonderful!
Member since 8/06 6663 total posts
Name:
Angela
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Re: if you've recently gotten a 30 year fixed mortgage...please help!
we locked in at 5.75 in dec and closed in jan.
but the rates have gone up some.
I'm thinking 6.25 is reasonable.
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| Posted 4/11/07 3:14 PM |
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