Pittsburgh Nesties
MandyMilller
member
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Since we've got a lot of movers here
Does anyone know what the rates have been lately on a 30yr mortgage? We're debating if we want to lock today. Honestly though, I've been avoiding any talk of rates b/c it was making me anxious about locking so I have no clue if what they're offering is good or not!
Re: Since we've got a lot of movers here
I have no idea what our rate was. We are overall at a very low place as far as interest rates go. And I wasn't really worried about getting a bad rate. Will they go up between now and when you close? Or will the drop more? Hard to predict. Try to not make yourself crazy over it.
K just said we got 3.875 if his memory serves. (30 year fixed mortgage- we obviously were shopping for rates like 4-6 months ago)
I know -- I am definitely the kind of person who will make myself crazy! It's silly, but it's like when you find something on sale and think you got a great deal, only to get a flier in the mail the next day about an even better sale
Anyway, they're offering us 3.5%, so it sounds like that's a pretty decent rate. It's way better than what it was when we first met a few months ago that's for sure. And way better than the 6.5% we were paying!
We just locked at 3.5% this week which is a rate I am very happy with. I have been doing my research and it really is a good rate- especially since we are like you guys and had a 6% rate on our current house (which was good when we bought that house!!! Crazy, huh?!) That 3.5% is without paying any premiums for origination or discount points. We could have got 3.375% with paying for discount points but going 3.5% with no points ended up being the lowest dollar amount in total.
Here's what I found:
Mortgage buyer Freddie Mac said Thursday that the average on the 30-year loan dropped to 3.62 percent. That?s down from 3.66 percent last week and the lowest since long-term mortgages began in the 1950s.
The average rate on the 15-year mortgage, a popular refinancing option, slipped to 2.89 percent, below last week?s previous record of 2.94 percent.
When you did your mortgage intially, did NVR give you a rebate? We got nothing, but I was reading a blog from another girl who's building w/ Ryan and who locked the same day as us and she got a 1.25% rebate. That would be really nice (it would offset the loan origination fee they charge), but I don't know if it's too late to negociate that now that we locked.
nope, no rebate.