Mortgage rates one day lo 0.5% perigaya

[JambaKrantu]

13 minutes ago, r2d2 said:

wait for a couple of months.. if you are lucky.. you can  find empty houses to just go and squat on...

Anta ledu bro... 

[Bestguy]

9 hours ago, JambaKrantu said:

From a loan origination perspective both are the same..

They are not just fyi..Rates vary commisiion changes for them..They are nto same..

[HugoStrange]

bond sell off happened yesterday early morning. Generally stocks paduthunte bonds ekkuva kontaru, but for some reason bonds sell of happened (due to low yields and waste of money anukunta it was 0.4%), so when that happens when there is more supply than demand, bonds ni thakkuva price ki ammutharu means more return on bonds so it increased the return and along with it mortgage rates.

[kathi]

18 hours ago, Sizzler said:

I was offered 2.825 with 0 closing costs 2 days ago but 3.125 today.

bro share your loan officer details please 

[andari bandhuvu]

1 hour ago, kathi said:

bro share your loan officer details please 

don't go for '0' closing costs,  lenders roll closing costs in to principal and you land up paying interest on closing costs for all the loan period.

Better paying closing costs from pocket.

No loan goes without closing costs. It is a lie.

[dkchinnari]

6 minutes ago, andari bandhuvu said:

don't go for '0' closing costs,  lenders roll closing costs in to principal and you land up paying interest on closing costs for all the loan period.

Better paying closing costs from pocket.

No loan goes without closing costs. It is a lie.

we have to check for lender credits.

[karna11]

Eeroju kanukondayya mortogage intrest rates 10 year treasury yield perigindiii, 

Inka perigee vuntadii

So don't assume market down ayyindi intrest rates tagguthyi ani

[Sizzler]

18 hours ago, kathi said:

bro share your loan officer details please 

Are you in KY? 

[Sizzler]

16 hours ago, andari bandhuvu said:

don't go for '0' closing costs,  lenders roll closing costs in to principal and you land up paying interest on closing costs for all the loan period.

Better paying closing costs from pocket.

No loan goes without closing costs. It is a lie.

For my refinance, the principal didn’t go up. The principal will go up if you don’t want pay the interest left over for the current month etc. We pay the Escrows (Property Tax, Home Insurance) even for the refinance. The existing Escrow balance from the current loan will be mailed back to you. But do diligence and make sure the closing costs are not being taken in other means from you. 

[Sizzler]

A friend of mine from GA told Delta Credit Union has offered 2.5 with no closing costs for 15 year loan. Unfortunately the broker is dealing only the houses in GA. 

[PhillyDotNetGuy]

23 hours ago, Sizzler said:

A friend of mine from GA told Delta Credit Union has offered 2.5 with no closing costs for 15 year loan. Unfortunately the broker is dealing only the houses in GA. 

bro can you please give Delta Credit Union Lender details? I'm from GA

[phatposts]

yes rates are back to highs in January 

[cloud]

rates are 3.75 to 4 for 30 yr now .. 

[JambaKrantu]

Next week another rate cut coming from Feds hang on..

[JambaKrantu]

For people trying to understand why the mortgage rates are going up while the Feds are cutting the interest rates, please read the article below.

Basically your mortgages are bundled into something called mortgage backed securities and sold to investors. Right now, the market is flooded with these mortgage based securities and the investors don't want to buy them.

Next week Fed will step in and start buying these mortgage backed securities to ease the market and create more demand. Then the interest rates will start dropping again..

https://www.ft.com/content/a8d5607c-6571-11ea-b3f3-fe4680ea68b5