OT: Mortgage Rates plummet

[hahmedR1]

Just FYI if anyone out there has not seen this yet they are at all time low. 5.5% 30 Yr Fixed!

http://money.cnn.com/2008/11/26/real_estate/mortgage_rates_plummet/index.htm?postversion=2008112611

 

[saleenpwr88]

That is awesome...I'm looking to buy as we speak.

 

[mhurley]

I caught the falling knife back in 2002 at 5.625%. not sure if a refi is worth it, especially since they'll value my house for a whole let less...not upside down, but getting close, so I don't want to go there.

 

[hahmedR1]

mhurley that is a great rate keep that, I'm mostly helping people purchase a home or people in Northbrook (ha ha ha jk) who owe little to nothing compared to their value. But there are a lot of other options for people who's loans are close to the current value of their properties!

 

[Racenrich]

I scored a 4% fixed, 30yr back in 2000....gotta love that one!
1st time buyer, had to live in IL. and close by a certain date....good timing is all that is was.

happy holidays!

 

[badazztealcobra]

<a href=showthread.php?s=&postid=13824123#post13824123 target=_blank>Originally posted</a> by Racenrich
I scored a 4% fixed, 30yr back in 2000....gotta love that one!
1st time buyer, had to live in IL. and close by a certain date....good timing is all that is was.

happy holidays!

Showoff.

 

[JNye]

OMG Rich. GFY.

 

[JNye]

it means "good for you". :smokin:

 

[NemusMaximus]

<a href=showthread.php?s=&postid=13824371#post13824371 target=_blank>Originally posted</a> by poo-tang
it means "good for you". :smokin:

HAHAHAHAHA suuuuuuuure! :lol:

 

[Brian1980]

<a href=showthread.php?s=&postid=13824123#post13824123 target=_blank>Originally posted</a> by Racenrich
I scored a 4% fixed, 30yr back in 2000....gotta love that one!
1st time buyer, had to live in IL. and close by a certain date....good timing is all that is was.

happy holidays!

same here one catch I put 20% down.

 

[johnike]

My ARM just got LOWERED! I'm living on 5 acres in the middle of nowhere for next to nothing! I think I'll wizz some dough into the reef! Dark St. Pauli Girl instead of swill tonight perhaps?

 

[JPSKI25]

only problem is be prepared to do some jumping through hoops to get a loan. Banks aren't parting with cash to easily these days.

 

[fijiblue]

GFY

:lol: LMAO