How many times should I haggle back and forth between lenders? Receiving mortgage estimates from 3, and have been forwarding to the others each time for a better deal - do it until one draws a line?

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^Rates have changed drastically recently

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Doesn't sound great. But... I got my mortgage in June, and rates are supposed to have gone up significantly. How is your credit? Mine wasn't ideal, so keep that in mind too. At the end I ended up with 3.75 jumbo with no points from a major lender- the small ones could not compete at all in my market.

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Yes. Keep pushing them. What rate are you at and what term mortgage?

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30-year fixed, currently at 4.25% (Greater seattle area), with .335 discount points. Original offer was 4.75% with no discount points from the community bank. I engaged the bigger banks after. Given the 20 days to close, one of the big banks are telling me to sign by tonight - it is the best deal so far but I’m not sure if It’s the best deal

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Seller accepted my purchase offer and I have 20 business days to close. Currently in talks with two big banks and 1 community bank

How much are you putting down? That’s not even close to a good rate in my opinion...

Same experience as K1 on a jumbo last year. The big banks are more aggressive on a jumbo

Credit is 740 and I’m putting 20% down. And yes the rates are extremely high these days 😭 last year, my friend got 3.7% on a 30-yr fixed

Brian Calvo at Guild Mortgage Company. I used him a year ago and he was more than willing to negotiate down to great rates. Referred him to a friend in January and he was able to get her 3.8 on her jumbo loan

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