Mortgage rates?

MrsDe2008 · March 2012

If you recently locked in, what was your rate and what bank did you use? TIA...

Simpsongal1 · March 2012

3.75%

United Wholesale Mortgage, I think. I know a few other nesties got that rate too.

livelaughlove717 · March 2012

Dupe

livelaughlove717 · March 2012

Simpsongal1:
3.75%
United Wholesale Mortgage, I think. I know a few other nesties got that rate too.

this but we used a local mortgage company

molldoll71 · March 2012

We locked in 3.875 for 30 yr in January.

pombride · March 2012

We just locked 3.875% today for a close on our house build with a target completion date of mid-April. We are using Metlife but they are actually out of the mortgage business at the end of April 2012.

jardince · March 2012

We locked at 3.875% on a new construction loan (new build). We are hopefully going to close in the middle of April and the house will be done in early October.

April37 · March 2012

3.75 -- we are using a local bank

kmc217 · March 2012

3.75 locked in 30 year with USAA and they are paying a portion of our closing costs

Matt Dvorak · March 2012

wow - sounds like our 4.125% sucks compared to some of yours - are these rates that are under 4% point-free? If so, that is really awesome (by the way, our credit scores are over 800 and we are putting 20% down, so I think that we should qualify for pretty much the best that's out there)

SpartyCat · March 2012

lincolngirl:
wow - sounds like our 4.125% sucks compared to some of yours - are these rates that are under 4% point-free? If so, that is really awesome (by the way, our credit scores are over 800 and we are putting 20% down, so I think that we should qualify for pretty much the best that's out there)

This is us too - I really don't understand. USAA quoted us at 4.25% (no points) and our credit scores are also excellent and we are putting 20% down. What other factors do they look at?

pombride · March 2012

lincolngirl:
wow - sounds like our 4.125% sucks compared to some of yours - are these rates that are under 4% point-free? If so, that is really awesome (by the way, our credit scores are over 800 and we are putting 20% down, so I think that we should qualify for pretty much the best that's out there)

Wells Fargo quoted us 4%, a local mortgage broker was 3.99% and in fact, when I called to lock yesterday, Metlife said 3.99% and I simply asked for a better rate. I said that I was seeing 3.75% out there and the response was that since our close is 60+ days (still being built) the best she could could offer was 3.875%. I was happy with that...we are doing 20% down, conventional 30 year fixed and our credit scores are 782/805 eta: no points

MrsCadillac · March 2012

We used our VA home loan, so I'm not sure if it applies, but we were originally quoted at 3.75%, but since we don't close for another 25 days, it's not final until then and has since gone up to 3.875%. Not a huge difference, but I'm just hoping it doesn't creep up higher.

lurkergal1 · March 2012

3.5% with BB&T

Matt Dvorak · March 2012

pombride:
lincolngirl:
wow - sounds like our 4.125% sucks compared to some of yours - are these rates that are under 4% point-free? If so, that is really awesome (by the way, our credit scores are over 800 and we are putting 20% down, so I think that we should qualify for pretty much the best that's out there)

Wells Fargo quoted us 4%, a local mortgage broker was 3.99% and in fact, when I called to lock yesterday, Metlife said 3.99% and I simply asked for a better rate. I said that I was seeing 3.75% out there and the response was that since our close is 60+ days (still being built) the best she could could offer was 3.875%. I was happy with that...we are doing 20% down, conventional 30 year fixed and our credit scores are 782/805 eta: no points

I guess that we didn't do enough research/negotiating - because owe are also looking at a conventional 30 year loan with 20% down and our credit scores are 803/808. We're locked in at 4.125 now. Oh well - we plan to pay it off aggressively anyway and our rate is still pretty good :-)

Mortgage rates?

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