HousingMay 10, 2018
AmazonFanger

Best Mortgage rate this week

What’s the best rate you got this week on 71 ARM? I am being offered around 3.6-3.7 range from Wells Fargo. Loan amount: ~1.3 M, have A+ credit. Anyone gotten 3.5 or below without paying any points?

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Twitter bSYP63 May 10, 2018

Not this week but I have a 3.125 7/1 on a similar loan from WF

Facebook BooYeah May 10, 2018

when did you buy the home? Sep'17?

Amazon Fanger OP May 11, 2018

When was it ?

Amazon kLYS80 May 10, 2018

I got mine for 3.85 (30 yr fixed) with wells Fargo.. this was in Nov 2017 though

Microsoft Helloooo May 10, 2018

I am also looking for loans. Could you please tell what credit bureau Wells Fargo uses for calculating the interest. And what is the score for A+ credit?

Facebook okgoogle! May 10, 2018

3.875 one month ago 7/1 arm

Facebook public May 10, 2018

Why would you do an arm when the fed has explicitly stated they will raise rates? Do you think they are lying or simply don't want mortgage incentives/peace if mind?

NetApp blindNTAP May 10, 2018

I must have some bad lenders, I’m in colorado and 760 credit with 28% down and am getting around 4.5% for a house i have on contract

Cisco AAdP87 May 10, 2018

Rates are higher now, plain and simple. I'm trying to refinance at the moment and I've noticed a distinct flattening of the loanscape: loan amount, credit score, etc not having much effect on rates. Only knobs I see having a big effect are points, fees and term.

Uber emptybag May 10, 2018

If you have a portfolio you can get a lower rate.

Uber Ejdjdjd May 10, 2018

I got a 3.375% 7/1 arm couple of weeks ago but I had to shift my assets to WF

Facebook public May 10, 2018

You just have to do a flyby. Held some assets in wf for 3 days then closed the account.

eBay progit May 24, 2018

What kind of assets?

Google QvCc10 May 10, 2018

Interest rates are at multi decade lows. Why wouldn't you do a 30 yr fixed? You are asking for pain if interest rates double