Is 4.15% good right now for a conforming 30year?
- Thread starter frank69m
- Start date
NEW -> Contingent Buyer Assistance Program
usctrojancpa
Well-known member
With how any points? 0pts? What about lender fees?frank69m said:
sgip
Well-known member
Thanks DL for the shout out.
When we're getting close to the bottom in rates, you'll find huge variances between appearance and reality. The news today is that rates hit a new low of 4.3x, but that's 1 - 2 week old news and requires some fees to be paid. My guess is that in 1-2 weeks from now the number will be 3.x but in that time frame rates could be over 4.x due to a recovery in stocks. We saw a gigantic swing for the better pricing late afternoon yesterday, all of it wiped out this morning. (hopefully the OP locked last night...)
The bottom line is that the news out there is either old or transaction specific. Know that your mileage may vary.
My .02c
Soylent Green Is People.
When we're getting close to the bottom in rates, you'll find huge variances between appearance and reality. The news today is that rates hit a new low of 4.3x, but that's 1 - 2 week old news and requires some fees to be paid. My guess is that in 1-2 weeks from now the number will be 3.x but in that time frame rates could be over 4.x due to a recovery in stocks. We saw a gigantic swing for the better pricing late afternoon yesterday, all of it wiped out this morning. (hopefully the OP locked last night...)
The bottom line is that the news out there is either old or transaction specific. Know that your mileage may vary.
My .02c
Soylent Green Is People.