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Fargostreet.com

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  3. The Parking Lot
  4. Mortgage Rates

Mortgage Rates

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  • A Offline
    A Offline
    aliengotpsi
    wrote on last edited by
    #1

    Hayley and I are buying a house and are watching rates.. A month ago we coulda got 4.75-4.95 and now we are at 5.65-5.25. Do you think rates are gonna go back down to 5.0 or under? And if you think they will go up or down please back up your thought..

    Thanks

    Kevin Smith
    Straightlinedetailing.com
    Why does everybody brush their teeth before going to the dentist but never wash their car before bring it to me??

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    • NickBN Offline
      NickBN Offline
      NickB
      wrote on last edited by
      #2

      back up


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      • T Offline
        T Offline
        Trafik Jamz
        wrote on last edited by
        #3

        I'd say if you can get them at 5.25 take it...also might be worth financing through Wells Fargo as they will give you a one time re-lock (not the technical term) that will allow you to take a lower rate than what you originally locked in at up until the day you close on the home. Kinda the best of both worlds. Oh, and Wells Fargo doesn't (typically) sell your mortgage to other banks. I'm on my 2nd home financed with them (even though Jolien works for Bank of the West) and couldn't be happier.

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        • LT1L Offline
          LT1L Offline
          LT1
          wrote on last edited by
          #4
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          • A Offline
            A Offline
            aliengotpsi
            wrote on last edited by
            #5

            Locked @ 5.25%

            Kevin Smith
            Straightlinedetailing.com
            Why does everybody brush their teeth before going to the dentist but never wash their car before bring it to me??

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            • SPANISH-RICES Offline
              SPANISH-RICES Offline
              SPANISH-RICE
              wrote on last edited by
              #6

              does that mean youre closing on a house? congrats

              here a psht, there psht, everywhere a psht psht
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              • BryceB Offline
                BryceB Offline
                Bryce
                wrote on last edited by
                #7

                Mine was locked in at 4.75% for a 30 year mortgage. That Obama first time house buyer 8k tax credit is great. It's the perfect time to buy a house.

                88 Honda crx Si-B16 turbo street car, 06 Civic Si- DD

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                • A Offline
                  A Offline
                  aliengotpsi
                  wrote on last edited by
                  #8

                  You musta closed on a house a month or 2 ago? I couldnt get the 8,000 tax credit as I owned a house..

                  Kevin Smith
                  Straightlinedetailing.com
                  Why does everybody brush their teeth before going to the dentist but never wash their car before bring it to me??

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