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01-10-2008, 10:25 PM | #1 |
Senior Member
Join Date: Jan 2006
Location: Utah
Posts: 5,741
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Anyone want to refinance?
Anyone want to refinance? I will get you 5.375% on a 30 year fixed rate (obviously depending on if you have good credit and a few other factors)
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LINCECUM! |
01-10-2008, 10:26 PM | #2 |
Demiurge
Join Date: Aug 2005
Posts: 36,365
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I may be looking to move soon, and then keep my current house as a rental, but refinance it to get the equity out.
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01-10-2008, 10:58 PM | #3 |
Senior Member
Join Date: Oct 2007
Location: Orange County, CA
Posts: 9,483
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VV has taught you well, young paduwan.
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01-10-2008, 10:31 PM | #4 |
Senior Member
Join Date: Jul 2006
Posts: 860
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How about a $1B HELOC so I can buy a nice chunk of MBIA?
Last edited by hyrum; 01-10-2008 at 10:33 PM. Reason: bad guess at their market cap, its down to 1.77B |
01-10-2008, 10:39 PM | #5 |
Senior Member
Join Date: Jan 2006
Location: Kaysville, UT
Posts: 3,151
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Where are jumbo loans now?
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Still fat ... |
01-10-2008, 10:56 PM | #6 | |
Senior Member
Join Date: Oct 2007
Location: Orange County, CA
Posts: 9,483
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Quote:
We are considering moving this summer. 5.375% on a 30 is nice. 720 and up, right?
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Fitter. Happier. More Productive. "Everyone is against me. Everyone is fawning for 3D's attention and defending him." -- SeattleUte |
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01-11-2008, 12:00 AM | #7 |
Senior Member
Join Date: Dec 2005
Posts: 5,996
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01-11-2008, 03:26 AM | #8 |
Senior Member
Join Date: Jan 2006
Location: Utah
Posts: 5,741
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No points. I can even get 5.75% no closing costs. Rates are great right now and they are only going to get better.
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LINCECUM! |
01-11-2008, 04:08 AM | #9 |
Senior Member
Join Date: Jun 2006
Location: South Jordan, UT
Posts: 1,799
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I just checked bankrate.com and they are dropping like a rock over the last couple of weeks. I may soon, but I want to see if they drop further if the fed lowers rates again as expected.
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01-11-2008, 04:58 AM | #10 |
I must not tell lies
Join Date: Aug 2005
Posts: 5,103
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Hey cougjunkie, my buddy who is in your industry says that most forecasters expect the housing slump to continue throughout 2008 and finally taper off in 2009. His recommendation is to wait until the end of 2008 to buy.
Is that what you are told? |
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