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Jessee
LIF Adult
Member since 3/06 1260 total posts
Name:
Jessee
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Interest rates?
Those of you that are trying to buying a home, or have done so recently - what's the best interest rate you've found for a 30-yr fixed, and from what bank? TIA
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Posted 6/26/06 12:20 AM  |
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Prudential Douglas Elliman Real Estate
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jaysee00
LIF Adult
Member since 3/06 1647 total posts
Name:
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Re: Interest rates?
We closed at the beginning of May and we locked at 6.5 at Chase. I don't know if that's the best though. 
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| Posted 6/26/06 7:40 AM |
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Eva Luna
Be kind...life's hard!
Member since 8/05 4750 total posts
Name:
God, bless & heal my DH, JenG's DH Rob & DebG
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Re: Interest rates?
We closed in mid-April...int rate was 6.25%. My sister is closing next month & locked that rate as well.
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| Posted 6/26/06 8:47 AM |
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Tah-wee-ZAH
Kisses
Member since 5/05 15952 total posts
Name:
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Re: Interest rates?
The Federal Reserve is meeting this week. The new chair will almost certainly raise rates again by a quarter of a point to ease inflation fears. This will be the 17th straight increase in rates.
It was on the CBS 2 business report from this morning.
For those of you debating, you may want to lock in now.
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| Posted 6/26/06 8:52 AM |
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MrsA
.............................
Member since 1/06 2012 total posts
Name:
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Re: Interest rates?
we are closing in mid July but we are already locked in at 6.25% (but we have to pay 1 point) which still works out to be less $ for us because the best rate we got from the bank was 6.65%
We went through a mtg broker - Captial Funding Group.
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| Posted 6/26/06 9:29 AM |
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Jessee
LIF Adult
Member since 3/06 1260 total posts
Name:
Jessee
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Re: Interest rates?
Posted by sasha
We closed in mid-April...int rate was 6.25%. My sister is closing next month & locked that rate as well.
Really? Which bank? Thanks!
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| Posted 6/26/06 11:11 AM |
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msrsfeb
LIF Adult
Member since 2/06 1277 total posts
Name:
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Re: Interest rates?
My fear is it will go up to what we can't afford. Right now, we got quoted at 6.75% but we can't lock in because our closing is over 60 days away. Any advice or info. on payiing to keep the rate?
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| Posted 6/26/06 7:26 PM |
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maryg
LIF Infant
Member since 5/06 196 total posts
Name:
Mary
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Re: Interest rates?
locked in rate last week or so 6.58 for 30 year fixed. dicounted interest rate for 1st time home buyers.
i think this is high but other banks etc wanted even more so apparently this is "fantastic" right now.
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| Posted 6/26/06 8:45 PM |
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~Colleen~
my loves...
Member since 5/05 9129 total posts
Name:
guess
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Re: Interest rates?
We locked the last week of May and got 6.5%, no points, through Greenpoint Mortgage.
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| Posted 6/26/06 10:44 PM |
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Eva Luna
Be kind...life's hard!
Member since 8/05 4750 total posts
Name:
God, bless & heal my DH, JenG's DH Rob & DebG
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Re: Interest rates?
Posted by Jessee
Posted by sasha
We closed in mid-April...int rate was 6.25%. My sister is closing next month & locked that rate as well.
Really? Which bank? Thanks!
Opteum Financial.
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| Posted 6/27/06 8:46 AM |
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