Mortgage Rates
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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
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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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Locked @ 5.25%
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does that mean youre closing on a house? congrats
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You musta closed on a house a month or 2 ago? I couldnt get the 8,000 tax credit as I owned a house..
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