hegemony Posted August 28 FWIW, some institutional investor types I saw interviewed today noted that mortgage rates are unlikely to fall commensurate with the fed rate as the margins for lenders viz. the risk of lending may be pushed to low. 1 tiggerlgh reacted to this Quote Share this post Link to post Share on other sites
DiamondEye Posted August 28 15 hours ago, hdporter said: Wait out the September Fed decision and then get your app in to refi and drop your PMI. Be advised, that as in any other period where rates have dropped, there's a good line forming up and you're looking at a possible 30-60 day period to close. It may be worth paying up around 1/8% to lock your rate for 60-days. (Your call.) If rates drop by 1%+ over the next 6 mo, re-investigate whether it's worthwhile to look at a refinance. But in the interim, be satisfied that you acted in time to avoid a possible 1% hike in rates. This. Thank you. PS - I wasn't arguing, but it's very difficult to get a straight answer here. 1 1 Kat58 and hegemony reacted to this Quote Share this post Link to post Share on other sites
hegemony Posted August 29 4 hours ago, DiamondEye said: This. Thank you. PS - I wasn't arguing, but it's very difficult to get a straight answer here. 2 hdporter and Kat58 reacted to this Quote Share this post Link to post Share on other sites
centex Posted August 29 16 hours ago, DiamondEye said: This. Thank you. PS - I wasn't arguing, but it's very difficult to get a straight answer here. LOL! You want a black and white answer to something that is murkier than a Louisiana swamp bottom. When you didn't get what you wanted, you began challenging everyone, essentially wanting to question why they couldn't wrap up the air being grasped for. 1 hegemony reacted to this Quote Share this post Link to post Share on other sites
hegemony Posted September 13 meanwhile... This was the worst week for mortgage rates in 3 years – and it may be just the beginning Quote Share this post Link to post Share on other sites
CTSoxFan Posted September 13 1 hour ago, hegemony said: meanwhile... This was the worst week for mortgage rates in 3 years – and it may be just the beginning I just read that article...and as someone who will be getting a mortgage in the next couple of months, I am hoping for the continued slide case discussed 1 hegemony reacted to this Quote Share this post Link to post Share on other sites
cv91915 Posted September 13 (edited) On 8/28/2019 at 5:11 PM, DiamondEye said: This. Thank you. PS - I wasn't arguing, but it's very difficult to get a straight answer here. I was just f-ing with you. The answer if 47 days. Edited September 13 by cv91915 1 hegemony reacted to this Quote Share this post Link to post Share on other sites
cv91915 Posted September 16 Realtor.com chief economist Danielle Hale doesn't know either. https://www.realtor.com/videos/video-what-is-the-deal-with-interest-rates-our-economist-explains/9aa576ca-3ed5-4205-97d2-26325471314d 1 hegemony reacted to this Quote Share this post Link to post Share on other sites
tiggerlgh Posted September 16 Probably already missed the bottom. I am currently reading my mortgage to a 25 year at 2.875%. The rates today are at 3.25% for the same loan. If they go back down I doubt they go much lower than they were. Quote Share this post Link to post Share on other sites
hegemony Posted September 18 mortgages rates go to zero today? :lol: Quote Share this post Link to post Share on other sites
tiggerlgh Posted September 18 Nope and still higher than last week.My previous post should say refi to a 15 year but the fact remains. Rates are higher this week and appear to be holding steady. Will see more tomorrow.Op have you locked in yet? 1 hegemony reacted to this Quote Share this post Link to post Share on other sites
cv91915 Posted September 18 I may be the only nerd on CB who follows Mike Fratantoni, but he always has useful insights into the health and direction of the mortgage industry. https://www.mba.org/assets/Documents/Research/Forecast Commentary Aug 2019.pdf Quote Share this post Link to post Share on other sites
hegemony Posted October 12 On 8/28/2019 at 3:11 PM, DiamondEye said: This. Thank you. PS - I wasn't arguing, but it's very difficult to get a straight answer here. Mortgage rates drop once again — sparking more interest in loan refinancing Quote Share this post Link to post Share on other sites
cv91915 Posted October 12 (edited) 8 hours ago, hegemony said: Mortgage rates drop once again — sparking more interest in loan refinancing What is that crazy Fed up to now? Edited October 12 by cv91915 2 tiggerlgh and hegemony reacted to this Quote Share this post Link to post Share on other sites
hegemony Posted October 31 Mortgage rates increase again — even though the Fed just cut interest rates Quote Share this post Link to post Share on other sites
CTSoxFan Posted November 1 20 hours ago, hegemony said: Mortgage rates increase again — even though the Fed just cut interest rates Hege - This just links back to the thread... Quote Share this post Link to post Share on other sites
hegemony Posted November 1 2 hours ago, CTSoxFan said: Hege - This just links back to the thread... whoops thanks for letting me know Mortgage rates increase again — even though the Fed just cut interest rates Quote Share this post Link to post Share on other sites
cv91915 Posted November 2 16 hours ago, hegemony said: Mortgage rates increase again — even though the Fed just cut interest rates 5 hegemony, centex, Why Chat and 2 others reacted to this Quote Share this post Link to post Share on other sites