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Haven't been paying attention to rates since I closed on 3.25% about 2 months ago.  Now I have to decide if I should refi again and lose my MCC (20% credit on interest).  What would you do?  The MCC loses a little value every year so it's tough to compare apples to apples.  Right now my break...

Just signed closing docs yesterday.  Everything (funding and recording) should be done next week.  Was able to get 3.25% with MCC.  I also was able to lock in 3% with a different lender but the MCC makes the 3.25% the better deal.  Thanks to SGIP for his opinion/advice.

Just got a loan estimate from LenderFi...  3% with $410 in closing costs.

I did. Their rate was at 3.5%. Cash call is at 3.25%.

So far no one has been able to match Cash Call's rate.  2 lenders said they couldn't even come close.  Will most likely go with them if the last lender is also a no go.

I see that owning is advertising 3.25%

Thanks.  Right now I'm waiting to see if rates drop further.  I'm currently at 4.25.

Will the big banks match what owning is offering?  Just curious because current rate that I'm being offered is 3.875 for a condo.

Can someone send  me some referrals for refinancing. Looking to refinance from a 4.375 rate. It may not be worth it yet but I?d like to be ready if the opportunity arises. Thanks.

My banks rates just dropped to 3.5% for refinance with 1 point.

The fed just cut rates. Mortgage may go lower :)

How are rates doing?  Holding steady? 

Is it better to refinance once you hit 80% LTV?  I?m not getting that great of a rate. Between 4% and 4.125% is the best I?ve gotten for a conventional loan.

What kind of ltv will give you the best rate?

Although I believe the top has been reached,I?m starting to think we may not see a big drop in prices.  Currently I?m seeing homes sell at asking or slightly below. If the home is in the 600k range and below, they may get multiple offers depending on desirability and condition of the home...

I just checked BofA?s website and they list both the 30 yr fixed and the 7/1 ARM at the same rate (4.375). Something?s obviously wrong.

Are ARM loans still worth considering since rates are up?  Do they make sense if someone plans to stay in their next home for the forceable future (5-10 years).  My credit union lists their 7/1ARM at 3.875.

Current stage = Denial

Me too. All real estate is local. As far as how much, who knows.

Things are slowing down in my neck of the woods but I?m in the suburbs. Anything near 700k takes longer to sell and are seeing more and more price reductions. We started the year out strong but it suddenly changed. Will it continue?  Who knows...