Just got refie'd again, 15 year fixed at 2.75%. Whats everyone else seeing? If anyone is thinking about it, talk to Pat at Huntington in Newark. Super low rates. Goto briarcliffmx.com and click on the Huntington logo, that goes straight to his page.
Just got refie'd again, 15 year fixed at 2.75%. Whats everyone else seeing? If anyone is thinking about it, talk to Pat at Huntington in Newark. Super low rates. Goto briarcliffmx.com and click on the Huntington logo, that goes straight to his page.
How much were closing costs though. . .
since 1987
Doesnt matter, rule of thumb is the anytime you drop a percentage point, your way ahead. Im keeping my old payment, but knocked two years off my loan. I talked to Pat about closing costs, he said it varys depending on the program you chose, but on average the closing costs are around $2500. Which is nothing when you are dropping years off. The banks are getting hungry. Huntington re-fied my dozer already. Dropped it from 5.5 to 4.0%.
Last edited by BriarcliffMx; 06/25 at 12:54 PM.
Might be time to check into this. I think I'm pretty low already, like 4.5%, not sure if it's worth it but I'll check into it.
i thought about refi but i dont plan on keeping my house long enough for it to be worth it... march will be 3 years and i can get rid of it. had to hang onto it that long due to me getting the first time home buyer credit.. have to pay it back if you sell w/in 3 years.
I think if you drop one 1% point its worth it. Pending how many years you have left, and the amount left. In my boat it was worth it.Originally Posted by PitRacer
If the banks borrow from the Fed at zero percent and loan it out it is all profit anyway regardless of the rate they charge. It is all about risk, will they get repaid. I believe the banks are not loaning because they can put their money into basically risk free instruments and with factoring get a great return with near zero risk. Ever watch The Money Masters movie on YouTube? Long but very well done.
Believ it or not PNC has the best deal now. No costs at all. they do a savings for the escrow and it is a LOC.
My house did nt apraise. the House across the street that is a POS, sold for 600k but it does not count cause I have a better house with 2.77 acres.
Because I have land it is worth less. Banks suck. 3.5% no costs...
Banks never have risks! they are theives and leaches. their product is YOUR money. If they lose it all, they cry and get a new Ice Cream cone from mommy gov't.
the banks were bailed out, spent the money and then kicked everyone out of their houses to sell them at 100%.
ask anyone that lost their house, as soon as they asked for help the payments and terms doubled and they lost.
When I go bankrupt, all my freinds will have new bikes and motor homes, every line tapped to max and a half, each kid will have their own house.
Hello Barack? yeah, its Double D, Your welcome for all the tax money.....sure....Uhh Yeah I quite. you can have all your stuff back. It is here in the drive.
If you need me I am in line looking for hand outs... Thank you for the lesson on how to get rich in the USA!!!!
I'm still pissed from when I bought this house a couple years ago. They jacked me around on the appraisal saying there was no lawn or landscape so they had to lower it by 10k. Of course after I now have a fabulous yard by http://www.4evergreenlawn.com/ my supposed home "value" is actually LESS. I have had tons of issues dealing with PNC as a customer.
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