P Pancamo Active Member Joined Jul 7, 2006 Messages 3,855 Mar 20, 2009 #21 Football_Bat said: SoCalDude said: Football_Bat said: My trigger point is 4.5%. At that rate I can go to a 15-year mortgage and my monthly payment will be about the same. But the equity will accrue much faster with more going toward the principal every month. Click to expand... You really think it could get to 4.5?? I probably would jump at that. Click to expand... I got an offer for 5.25% a month ago from my lender. I expect to get a lower one next time around. Click to expand... Call your lender today and get a quote. Mortgage rates are fluid and change constantly. Today's rates are the lowest in the past 6-8 weeks.
Football_Bat said: SoCalDude said: Football_Bat said: My trigger point is 4.5%. At that rate I can go to a 15-year mortgage and my monthly payment will be about the same. But the equity will accrue much faster with more going toward the principal every month. Click to expand... You really think it could get to 4.5?? I probably would jump at that. Click to expand... I got an offer for 5.25% a month ago from my lender. I expect to get a lower one next time around. Click to expand... Call your lender today and get a quote. Mortgage rates are fluid and change constantly. Today's rates are the lowest in the past 6-8 weeks.
