How low can we go? 30 yr fixed at 3.75% with no fees...

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you started two threads, New Year resolution and junk food that led me to believe you have been struggling with your weight. since you mentioned crematory that news is the first thing comes to my mind. consider this a friendly advice.

And I think this is your first post in this thread? who is following who exactly?

SoCal said:
Hi. Can you please stop following me around from thread-to-thread just to launch personal attacks? It has gotten really old.
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Holy cow...10 year yields hit 1.664  (sits at 1.68 as I type this)  :o  We are getting to 2012 levels.

MBS seems like they are following according.  Can someone educated me on what the various MBS products are?  I know there is Fannie Mae, Ginnie Mae, FHA...but are the 3.0, 3.5, etc.?

 
The California Court Company said:
if I start a new refi today, there is a good chance Cardinal not even sees my 1st mortgage payment. Due to the clawback SGIP mentioned, will I be on their blacklist?
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You'll end up burning the broker.
 
different pools by interest rate I think.

Irvinecommuter said:
Holy cow...10 year yields hit 1.664  (sits at 1.68 as I type this)  :o  We are getting to 2012 levels.

MBS seems like they are following according.  Can someone educated me on what the various MBS products are?  I know there is Fannie Mae, Ginnie Mae, FHA...but are the 3.0, 3.5, etc.?
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Irvinecommuter said:
The California Court Company said:
if I start a new refi today, there is a good chance Cardinal not even sees my 1st mortgage payment. Due to the clawback SGIP mentioned, will I be on their blacklist?
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You'll end up burning the broker.
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Cost of doing business
 
qwerty said:
Irvinecommuter said:
The California Court Company said:
if I start a new refi today, there is a good chance Cardinal not even sees my 1st mortgage payment. Due to the clawback SGIP mentioned, will I be on their blacklist?
Click to expand...

You'll end up burning the broker.
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Cost of doing business
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Sure unless you have a relationship with the broker.  It seems pretty bad mojo but YMMV.
 
what relationship. I never saw the broker(s) face to face. I still recalled vividly when they initially rejected my loan and the broker in stern voice that I cannot get back my appraisal as cost of doing business, and the reason for rejection is black and white and leaves no room for explanation/exception. I never heard back from the broker after that phone call; no return calls nor emails, even in the end my loan was approved and closed. a short acknowledgement they screwed up will go a long way.
 
The California Court Company said:
what relationship. I never saw the broker(s) face to face. I still recalled vividly when they initially rejected my loan and the broker in stern voice that I cannot get back my appraisal as cost of doing business, and the reason for rejection is black and white and leaves no room for explanation/exception. I never heard back from the broker after that phone call; no return calls nor emails, even in the end my loan was approved and closed. a short acknowledgement they screwed up will go a long way.
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In that case, burn them.  You may want to check your loan docs and other documents to see if you may be liable for the credit though.
 
The California Court Company said:
what relationship. I never saw the broker(s) face to face. I still recalled vividly when they initially rejected my loan and the broker in stern voice that I cannot get back my appraisal as cost of doing business, and the reason for rejection is black and white and leaves no room for explanation/exception. I never heard back from the broker after that phone call; no return calls nor emails, even in the end my loan was approved and closed. a short acknowledgement they screwed up will go a long way.
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Bridges are meant to burned. just kidding
 
It goes both ways. my last refi attempt prior to Cardinal left a even worse taste in my mouth. the rate was on the way up, the lender never bothered to lock in the rate for us, and simply walked away and never returned any phone calls nor emails.
 
The California Court Company said:
It goes both ways. my last refi attempt prior to Cardinal left a even worse taste in my mouth. the rate was on the way up, the lender never bothered to lock in the rate for us, and simply walked away and never returned any phone calls nor emails.
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Kinda of feel that you have a bad broker.  I have a good relationship with my broker who worked with me through a lot of stuff. 
 
looks like last Friday was another low. rates have been creeping up, especially Dow is now going up, US10Y and MBS prices dropping. 30 year fixed @ 3.375% no cost was available in some lenders, I believe.
 
The California Court Company said:
looks like last Friday was another low. rates have been creeping up, especially Dow is now going up, US10Y and MBS prices dropping. 30 year fixed @ 3.375% no cost was available in some lenders, I believe.
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3.375% 30 year at no cost? are you sure about that? I was quoted 3.75% at no cost.
 
Chairman said:
The California Court Company said:
looks like last Friday was another low. rates have been creeping up, especially Dow is now going up, US10Y and MBS prices dropping. 30 year fixed @ 3.375% no cost was available in some lenders, I believe.
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3.375% 30 year at no cost? are you sure about that? I was quoted 3.75% at no cost.
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last week was insane.  a bank i hadnt heard of showed up on zillow and had 3.375 with no lender fees.  i would still have to pay for title.  if everything was covered, it would be 3.5%.  this was for refi loan >$625K and i validated the quote by talking to a loan officer there.
 
3.5 no cost for >625k and 3.375 no cost for <417k sound about right. right now probably looking at 3.5 no cost for <417 and 3.75 for >625k

rkp said:
Chairman said:
The California Court Company said:
looks like last Friday was another low. rates have been creeping up, especially Dow is now going up, US10Y and MBS prices dropping. 30 year fixed @ 3.375% no cost was available in some lenders, I believe.
Click to expand...

3.375% 30 year at no cost? are you sure about that? I was quoted 3.75% at no cost.
Click to expand...

last week was insane.  a bank i hadnt heard of showed up on zillow and had 3.375 with no lender fees.  i would still have to pay for title.  if everything was covered, it would be 3.5%.  this was for refi loan >$625K and i validated the quote by talking to a loan officer there.
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