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Personal Finances / Buying or Selling a Home


Subject:  Re: Mortgage Date:  8/9/2019  6:36 AM
Author:  inparadise Number:  129243 of 129287

I looked at both Amerisave & AIMLoan. nothing anywhere near 3.125% @ 0 points.

Well 3.125% would have been fabulous, but not what we got. The rate was 3.625%. Was 3.875% when we applied and chose not to lock given the expectation of the Fed lowering rates on 7/31.

I feel better now for hopping on it immediately. Was figuring I had left some money on the table, not that I can really complain about the rate we got. With a White House that governs by the tweet, the news cycle can change in a flash. I wasn't taking the risk of a new tweet reversing the rate situation instantly, as it seems to sometimes do for the stock market.

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