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What is the rate currently?? UPDATE! We locked!

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Bellaocchi
Hope Faith Love

Member since 2/07

5694 total posts

Name:

What is the rate currently?? UPDATE! We locked!

Thanks for all your input!

Message edited 8/7/2007 4:50:33 PM.

Posted 8/7/07 9:06 AM
 
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danielleandscott
My new 71 Super Beetle

Member since 5/05

13476 total posts

Name:
Scott

Re: What is the rate currently??

I think last week it was 6.75%

Posted 8/7/07 9:10 AM
 

bicosi
life is a carousel

Member since 7/07

14956 total posts

Name:
M

Re: What is the rate currently??

On bankrate, it's 6.22% for 30 yr fixed mtg.

Edited to say that I just read that that % may include points.

But I'm in the process of closing and we got 2 rates. 1 for 6.375% and one for 6.5%; both with no points.

Message edited 8/7/2007 9:12:45 AM.

Posted 8/7/07 9:11 AM
 

Bellaocchi
Hope Faith Love

Member since 2/07

5694 total posts

Name:

Re: What is the rate currently??

I know nothing about this stuf.. are those good rates?

Posted 8/7/07 9:16 AM
 

Bellaocchi
Hope Faith Love

Member since 2/07

5694 total posts

Name:

Re: What is the rate currently??

Which banks are these rates from? Any of them BOA?

Posted 8/7/07 9:19 AM
 

bicosi
life is a carousel

Member since 7/07

14956 total posts

Name:
M

Re: What is the rate currently??

Yes, I would say so. They aren't the 5% that there were in 2005, but they are still good.

Posted 8/7/07 9:20 AM
 

bicosi
life is a carousel

Member since 7/07

14956 total posts

Name:
M

Re: What is the rate currently??

Posted by ToriaRae

Which banks are these rates from? Any of them BOA?



the 6.375% is from BOA

Posted 8/7/07 9:20 AM
 

Bellaocchi
Hope Faith Love

Member since 2/07

5694 total posts

Name:

Re: What is the rate currently??

Posted by bicosi

Posted by ToriaRae

Which banks are these rates from? Any of them BOA?



the 6.375% is from BOA



ok great!

Posted 8/7/07 9:27 AM
 

Bellaocchi
Hope Faith Love

Member since 2/07

5694 total posts

Name:

Re: What is the rate currently??

Bicosi you have FM!!

Posted 8/7/07 10:46 AM
 

astroqueen74
Vibrant Health

Member since 1/07

2822 total posts

Name:
Karina

Re: What is the rate currently??

last I heard someone got quoted at 6.8%

Posted 8/7/07 11:08 AM
 

Bellaocchi
Hope Faith Love

Member since 2/07

5694 total posts

Name:

Re: What is the rate currently??

I have a question - If one were to go through BOA is it the same rate given for everyone? If it's 6.375% for one would BOA honor that rate for all? How does this work?

Does it depend on the percentage you put down or does the rate have nothing to do with that?

PLEASE LET ME KNOW ASAP!
THANKS

Posted 8/7/07 11:29 AM
 

bicosi
life is a carousel

Member since 7/07

14956 total posts

Name:
M

Re: What is the rate currently??

Posted by ToriaRae

I have a question - If one were to go through BOA is it the same rate given for everyone? If it's 6.375% for one would BOA honor that rate for all? How does this work?

Does it depend on the percentage you put down or does the rate have nothing to do with that?

PLEASE LET ME KNOW ASAP!
THANKS



Hi, it's based on alot of factors. how much $ you put down, amount of the mortgage, credit, etc.

Posted 8/7/07 11:44 AM
 

luckyinlove
I love my baby girls!

Member since 12/06

2441 total posts

Name:
Lauren

Re: What is the rate currently??

I have not heard of 6.375 anywhere right now. I think that the lowest without points is 6.625. If you see anything lower, you most likely will have to pay points, which can be anywhere from 1,000 to 5,000 dollars.

Posted 8/7/07 11:47 AM
 

MrsT
Enjoying wedded bliss.....

Member since 4/06

1323 total posts

Name:
Katrina

Re: What is the rate currently?? UPDATE! We locked!

Posted by luckyinlove

I have not heard of 6.375 anywhere right now. I think that the lowest without points is 6.625. If you see anything lower, you most likely will have to pay points, which can be anywhere from 1,000 to 5,000 dollars.



6.5% today with Chase. I just locked w/ no points.

Message edited 8/10/2007 4:35:30 PM.

Posted 8/10/07 4:35 PM
 
 

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