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Originally Posted by Interleukin
I locked in a 30-year last week for 6.75%.
Was this a good move or bad???
When I did my mortgage estimate back in mid-April, I could have gotten a 30-year for 6.00% had we been within 30 days of closing.
That 0.75% is costing me and extra $250/mo....money that could be spent on Hummer upgrades.  |
6.75% seems high today. I am seeing things around 6.25-6.375 for FNMA 30 fixed deals.