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mortgage interest rates

Posted on 3/2/20 at 11:37 am
Posted by hawkeye007
Member since Feb 2010
5885 posts
Posted on 3/2/20 at 11:37 am
priced some loans this morning for customers. every loan is different but i am seeing 2.5% on 15yrs and 3.125% on 30yr for rates this morning on Refi's . Holy cow .
Posted by Jason9782003
Member since Aug 2007
3554 posts
Posted on 3/2/20 at 11:52 am to
Damn, just closed on my refinance last week 15 yrs at 3.125%
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 3/2/20 at 11:54 am to
Damn I just got 3.625 like a month ago, wasn’t a refinance though
Posted by Woodbird
Member since Jun 2017
262 posts
Posted on 3/2/20 at 12:13 pm to
I've been planning to look into refinancing my mortgage. Called a couple of people at lunch and left a message for them to get back with me. We're 3 years into a 30 year on our "forever home" at 4.0%. Getting down to 3.125% would be great.
Posted by The Bruce
Member since Dec 2013
951 posts
Posted on 3/2/20 at 12:31 pm to
Got 3.25% if lock in today. Would it be best to float the market and wait for lower interest rate?
Posted by Toula
504
Member since Dec 2006
35399 posts
Posted on 3/2/20 at 12:36 pm to
About to lock-in a 15 year, quoted as low as 2.35%. Might do 2.5 or 2.75 to reduce the closing cost bill.

Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64166 posts
Posted on 3/2/20 at 1:09 pm to
Im on bankrate, i see nothing under 3%.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119421 posts
Posted on 3/2/20 at 1:19 pm to
I'm going to be getting a mortgage in June/July, hoping for 2.5% or less.
Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38591 posts
Posted on 3/2/20 at 2:10 pm to
quote:

i am seeing 2.5% on 15yrs


I locked at 2.875 % approximately 5 or 6 years ago on a 15-year loan, didn't think I'd see anything lower --- and haven't, until now.

Free money everyone!
Posted by HYDRebs
Houston
Member since Sep 2014
1243 posts
Posted on 3/2/20 at 2:16 pm to
Doing 10/1 ARMs as low as 2.375-2.5% this morning. Curious if we see the 10 year treasury drop below 1% mark. It was flirting with it early this morning.
Posted by tigersfan1989
Baton Rouge
Member since Oct 2018
1265 posts
Posted on 3/2/20 at 2:30 pm to
Where are you seeing 2.5%?
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 3/2/20 at 2:39 pm to
quote:

Doing 10/1 ARMs as low as 2.375-2.5% this morning. Curious if we see the 10 year treasury drop below 1% mark. It was flirting with it early this morning.


Hmmmm...

I would be doing a refinance on this house in 5 years or less when the addition is done.
Posted by BHTiger
Charleston
Member since Dec 2017
5066 posts
Posted on 3/2/20 at 3:00 pm to
Where is this available?
Posted by Brobocop
Baton Rouge, LA
Member since Feb 2018
1905 posts
Posted on 3/2/20 at 3:04 pm to
Just got a quote for 15 yr at 3.0%
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11185 posts
Posted on 3/2/20 at 3:15 pm to


Dude that's nuts. Where do you work? We were at 4.08% for 30 year fixed and 3.46% for 15 year fixed two weeks ago. The MBA reported an average of 3.81% and 3.23%.

We set an all time high lock day on Friday and were going to beat it again today by a huge margin.
Posted by LSUSUPERSTAR
TX
Member since Jan 2005
16326 posts
Posted on 3/2/20 at 3:20 pm to
I closed last July with 4%. I would refi now with 3.125% if someone offered it.
Posted by tiger91
In my own little world
Member since Nov 2005
36740 posts
Posted on 3/2/20 at 3:24 pm to
Yea === where is 2.5% on 15 years????? Possibly interested.
Posted by NOLAGT
Over there
Member since Dec 2012
13542 posts
Posted on 3/2/20 at 3:48 pm to
I got a quote for 3.25 on a cash out refi for 30y and 4.75 on a commercial 5y.

I dont know if that cash out refi would get lower but if the feds cut rates maybe that commercial one will. Anyone hear anything more on a possible rate cut?
Posted by the shocker2010
Member since Feb 2010
196 posts
Posted on 3/2/20 at 4:12 pm to
last year closed on my house at 4.375%. today just locked in at 2.875%
Posted by auisssa
Member since Feb 2010
4192 posts
Posted on 3/2/20 at 4:17 pm to
I'm getting a quote for 2.99 for a 15 year refi. still negotiating closing costs
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