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Mentor
Sounds like a good rate to me. Any points? How much down?
No points. Was given the same rate for 60% and 53% LTV.
Subject Expert
Is this a new mortgage or a refi? What’s the LTV? Are you paying any points? Have you considered an ARM?
Check associated credit union, their ARM is 15:15 and offering 5.6% with no points. DM if need referral, good luck
We are at 6.25% for a 7/6 ARM on a second house. We locked in for 60 days back in Dec. and are finally going to close!I'd say with the way markets are, you have a great rate.
Nice, that’s better than what I’ve seen and it’s adjustable, too. Congrats!
Just got 6.625 yesterday , more conventional 20% though. So I’d say yours is good