Mortgage Interest rates

[desiboys]

Jobs peekithe house foreclosure chesukovali. 

[user789]

18 hours ago, JambaKrantu said:

Yeay. Fed slashes the rates to 0 to 0.25%

Get ready for 30 year mortgages to be 2.5 to 2.75% and 15 year mortage to be between 2 to 2.25%

It might take some time for the markets to reflect these rates but it will get there..

if this comes into affect in 4-8 weeks? how long do you think it might stay before it goes up ?

may be once it goes up, then for sure it will be 3.75-4.5 to cover the loses...

[JambaKrantu]

4 minutes ago, user789 said:

if this comes into affect in 4-8 weeks? how long do you think it might stay before it goes up ?

may be once it goes up, then for sure it will be 3.75-4.5 to cover the loses...

It will stay that way for as long as feds keep it that way. I would say at least an year..

[phatposts]

19 minutes ago, JambaKrantu said:

Feds are buying $200 billion MBS

But at what price?

[HugoStrange]

3 minutes ago, phatposts said:

But at what price?

price varies kada, supply and demand basis. Now there is more supply than demand, to rap up the demand they are buying. 

[ringa_ringa]

Em kaadu... in 2 months markets will be bouncing back and motgage would go to normal rate, as usual..

[JambaKrantu]

Update

Yesterday I was quoted 4% for a 30 year mortgage

rates are slowly dropping. Ivala I was quoted 3.625 by my bank and she expects the rates to drop slowly to 3.5 in the next couple and 3 after that in another couple of weeks. By end of April we should see 30 year mortgages around 2.75 to 3..

[desiboys]

Just now, JambaKrantu said:

Upadte rates are slowly dropping. Ivala I was quoted 3.625 by my bank and she expects the rates to drop slowly to 3.5 in the next couple and 3 after that in another couple of weeks. By end of April we should see 30 year mortgages around 2.75 to 3..

Appatiki jobs undavu

[Bestguy]

10 minutes ago, JambaKrantu said:

Update

Yesterday I was quoted 4% for a 30 year mortgage

rates are slowly dropping. Ivala I was quoted 3.625 by my bank and she expects the rates to drop slowly to 3.5 in the next couple and 3 after that in another couple of weeks. By end of April we should see 30 year mortgages around 2.75 to 3..

10 year dhi nadhi 2.62 vundhi already..Entha ki ravachu in coming days??

[JambaKrantu]

17 minutes ago, Bestguy said:

10 year dhi nadhi 2.62 vundhi already..Entha ki ravachu in coming days??

For you I don't think it's worth it man..Your rate is very low already. 

[Sonu_Patel]

I have 3.25 APR for the 15 year loan term for $250K and i already paid 2 year interest on the loan . Is it worth it to refinance now ? 

[quickgun_murugun]

On 3/15/2020 at 3:28 PM, JambaKrantu said:

Yeay. Fed slashes the rates to 0 to 0.25%

Get ready for 30 year mortgages to be 2.5 to 2.75% and 15 year mortage to be between 2 to 2.25%

It might take some time for the markets to reflect these rates but it will get there..

Sooper kaka... refinance chesi 10guday

[Chakram12]

2 hours ago, Bestguy said:

10 year dhi nadhi 2.62 vundhi already..Entha ki ravachu in coming days??

cheyi 3.25% vasthadi

[Bestguy]

1 minute ago, Chakram12 said:

cheyi 3.25% vasthadi

2 ki vasthe cheddamu anii..See every one wanths to save money..

[Chakram12]

2 minutes ago, Bestguy said:

2 ki vasthe cheddamu anii..See every one wanths to save money..

I don't think it will come to 2 man. U already have best rate.