Heck yea 2.7% on a refi

[FreightTrain]

Well being a dfwmustangs baller with excellent credit finally paid off. Got a rate of 2.7% on the refinance of my house.

[FATHERFORD]

15 year?

[8mpg]

Im sure its a 15 year or less

[racrguy]

$$$$$$$$$$$$$$$choooooooooooooooooo$$$$$$$$$$$$$$$ $$$$$$$$$$choooooooooo$$$$$$$$$$$$$$$$$$$$$$$$$$$$ $$$$$

[AdamLX]

A 15 year loan only requires a 620 FICO to get that rate, and there are no FICO adjustments to points/rate.

If you're fishing for a solid barg, what APR comes with the 2.75% rate?

[mustangguy289]

Well being a dfwmustangs baller with excellent credit finally paid off. Got a rate of 2.7% on the refinance of my house.

Why would someone like you need a loan? I thought you gave out loans?

[FreightTrain]

A 15 year loan only requires a 620 FICO to get that rate, and there are no FICO adjustments to points/rate.

If you're fishing for a solid barg, what APR comes with the 2.75% rate?

2.762% is the apr. Also no points paid.

[SSMAN]

Good rate. I only owe 6 years on my house, so no refi for me.

[FreightTrain]

Best part is closing cost were only $700.

[bird_dog0347]

Nice, I just got 3.75% on my house with around 700 credit this summer on a 30 year fixed. 3.5% down, minimal fees, but it was a purchase and not a refi. I figure I will be really hard pressed to get better than that, and likely wouldn't be worth refinancing even next year unless something drastic happens with the rates which is very unlikely.

[AdamLX]

2.762% is the apr. Also no points paid.

Best part is closing cost were only $700.

What was your interest rate?

[FreightTrain]

What was your interest rate?

Interest rate is 2.7% and the apr is 2.762%.


On the old loan I was paying over $900 a month in interest charges. Now with the new loan I'll be paying over 1k a month towards principal. I won't give two shits if the dems take away the tax credit on home mortgages now lol.

[The King]

Interest rate is 2.7% and the apr is 2.762%.


On the old loan I was paying over $900 a month in interest charges. Now with the new loan I'll be paying over 1k a month towards principal. I won't give two shits if the dems take away the tax credit on home mortgages now lol.

I think the need to itemize in order to use the mortgage interest deduction has ended for me, following our no-closing cost refinance last summer. Hello standard deduction and goodbye Form 1040.

Congrats on your re-fi.

[SVT Lurch]

FWIW depending on the loan amount $700 in cost does not equal .062 in difference between the note rate and the APR.

[Pro88LX]

FWIW depending on the loan amount $700 in cost does not equal .062 in difference between the note rate and the APR.

on a 15year looks like a loan amount of 160k to get that APR with 700 in cc's