MTG Interest Rates....

[robert]

Anyone have any insight on them going down in the next week or so?
I was told by our Lender today 's rate @ 5.25 somewhat dissapointing when
a few months ago they where in th 4's.

[Vertnut]

They won't be going down for a while. Inflation is begining to rear it's ugly head. These rates are still the best since the '50's. If you snooze, you lose.

[BULLET_DRIVER]

Anyone have any insight on them going down in the next week or so?
I was told by our Lender today 's rate @ 5.25 somewhat dissapointing when
a few months ago they where in th 4's.

Back in august one of my co-workers got a house on a 15 year note at 3.25.

[AdamLX]

Anyone have any insight on them going down in the next week or so?
I was told by our Lender today 's rate @ 5.25 somewhat dissapointing when
a few months ago they where in th 4's.

Take what you can get right now. Unless you're financing a large mortgage the difference in 4.75% and 5.25% is $40 per month or $17K over the entire life of a 30 year loan at %150,000.

[Vertnut]

Back in august one of my co-workers got a house on a 15 year note at 3.25.

Never heard of one that low, unless they bought down the rate. We got 3.75 on a 15 year note back in November. No points.

[78X]

Just did 30 year at 5.3

[robert]

Last update from lender @ 5.125 as of monday.
I'm wondering if recent stock mkt/gas prices scare have any affect.

[SVT Lurch]

Anyone have any insight on them going down in the next week or so?
I was told by our Lender today 's rate @ 5.25 somewhat dissapointing when
a few months ago they where in th 4's.

The general consensus is they will be going up (slowly but surely) for the foreseeable future.

Back in august one of my co-workers got a house on a 15 year note at 3.25.

How many points?

Take what you can get right now. Unless you're financing a large mortgage the difference in 4.75% and 5.25% is $40 per month or $17K over the entire life of a 30 year loan at %150,000.

Exactly. There's nothing wrong with a rate in the low 5s.

[robert]

I might be locking Tom then, Thanks

[dblack1]

Treasuries have been heading down which mean rates usually follow.

How long can you actually "lock" a rate for? Last week the best 30 year I found was a 5% no points.

[IHaveAMustang]

Treasuries have been heading down which mean rates usually follow.

How long can you actually "lock" a rate for? Last week the best 30 year I found was a 5% no points.

I know good interest rates are good for the economy and savings and whatnot, but please just wait for about 6 more months. I'm about to get out of Grand Prairie and I don't want to get stuck with a high interest rate on my balla mansion

[SVTNorthTexas]

Looks like the most rates I'm finding online for a 30yr fixed in Fort Worth, TX is anywhere from 4.75 to 5.125%. What you were offered seems reasonable, but it's always best to look around.

[AdamLX]

Rates are still over 5% with no points/origination.

[Roscoe]

Jesus. I bought in October, 30yr at 4.25% no points...

VA LOAN RATES
New Home Loan
National Averages
for 2/24/2011

30 Year Fixed
0.000 points
4.875%
4.980% APR

15 Year Fixed
0.000 points
4.500%
4.676% APR

[robert]

Locked @ 5% Today.....