best 30yr fixed rate
Started by anonymous
almost 19 years ago
Posts: 8501
Member since: Feb 2006
Discussion about
anyone have an idea what the best rates are? or where to look? we got a quote for 5.75%, 30 yr fixed, just wondering how that compares...thanks!
go to bankrate.com and see what others are offering; that rate sounds fairly competitive though . . .
5.75% is very good!
That can't be a for a Jumbo. Impossible.
what bank? and without points?
for a co-op or condo?
How was your credit?
I think 6 3/8 is the best you can do today on a Jumbo w/o points.
no way . . . bankrate has 6% jumbos from several banks
bankrate tends to understate the interest rates. there's even some class action suit about that. most rates will come in a bit higher than that. we just got a jumbo mortgage for 6.25%
I was going to say I was wondering if there was any bait and switch with bankrate...
for bankrate, the notorious banks include virtual bank, the money store, quicken loans, eloan, and total group. these mortgage broker's rates are false on bankrate. look at their fees compared to local bigtime lenders like citibank, bank of america, hsbc, etc. the high $$$ fees signify points to buy down the rates.
the best mortgage company i've found is in long island, ny. wonderful company with awesome rates.
I know mortgage brokers make a lot on their fees. Does anyone know how one can save these fees. Where to go what to due. Thinking on taking out a 500,000 mortgage and having the mortgage brokerage make 10,000 plus is a bit too much for me. Any ideas would be appreciated.
broker fees are paid by banks
op here, first time buyer,coop in Harlem, broker toldme the rate is special because its in a minority neighborhood
thanks
op here , my credit is ok, not great either
hello. I am a first time buyer, is it normal that my mortgage broke ask a upfront fee for his service?? he asks 350 first, out of 675. I don't know what industry standard is. Also if you use mortgage broker, do you end up saving money for bank/lender's fee?
I found that my mortgage broker nickel and dimed me to death. Check to see if the company you work for has any partnerships with banks that waive a lot of fees.
perfect credit...got 6 1/8 last month with Chase...0 points
#19 again..30yr fixed
#13 If you do not like brokers making money, maybe you can wander from bank to bank checking rates and if your deal falls through because of a small problem with your application, you could always spend a few more months looking for another property.