spin_dry Posted February 24, 2020 Share Posted February 24, 2020 Down she goes. Where’s the bottom? https://www.cnbc.com/2020/02/24/coronavirus-fears-could-push-mortgage-rates-past-4-year-low.html Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted February 24, 2020 Share Posted February 24, 2020 Good, go to zero or even lower. Quote Link to comment Share on other sites More sharing options...
Anler Posted February 24, 2020 Share Posted February 24, 2020 Whats with the doom and gloom? Quote Link to comment Share on other sites More sharing options...
Woodtick Posted February 24, 2020 Share Posted February 24, 2020 2 minutes ago, Anler said: Whats with the doom and gloom? Shut up and get that blower warmed up. The local news said this storm is going to be epic? Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted February 24, 2020 Share Posted February 24, 2020 6 minutes ago, Anler said: Whats with the doom and gloom? I looking at taking out a million $$$ mortgage next year. Quote Link to comment Share on other sites More sharing options...
bussman Posted February 24, 2020 Share Posted February 24, 2020 1 hour ago, Anler said: Whats with the doom and gloom? Just make sure you subscribe to it, that’s the plan. Quote Link to comment Share on other sites More sharing options...
f7ben Posted February 24, 2020 Share Posted February 24, 2020 1 minute ago, bussman said: Just make sure you subscribe to it, that’s the plan. At first they were downplaying it and you thought they were lying. Now they’re fear mongering and you think they’re lying good god Quote Link to comment Share on other sites More sharing options...
bussman Posted February 24, 2020 Share Posted February 24, 2020 (edited) 9 minutes ago, f7ben said: At first they were downplaying it and you thought they were lying. Now they’re fear mongering and you think they’re lying good god No. You go ahead and gobble it up though. Edited February 24, 2020 by bussman Quote Link to comment Share on other sites More sharing options...
f7ben Posted February 24, 2020 Share Posted February 24, 2020 6 minutes ago, bussman said: No. You go ahead and gobble it up though. Gobble what up? Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted February 24, 2020 Platinum Contributing Member Share Posted February 24, 2020 Fuck here we go again with this shit. 1 Quote Link to comment Share on other sites More sharing options...
Mainecat Posted February 25, 2020 Share Posted February 25, 2020 I think every American is done spending over their budget for a while. Hey come on down and buy that brand new shack for 500k. We can offer you a a 400k, .5% fixed mortgage for 30 years! No worries we will be back in a year to auction it when it’s worth 250k........... Where have I seen this before? The 80’s?, The 90’s?, the 2000nds?....OH WAIT IT WAS ALL OF THEM! Quote Link to comment Share on other sites More sharing options...
Mainecat Posted February 25, 2020 Share Posted February 25, 2020 1 Quote Link to comment Share on other sites More sharing options...
bussman Posted February 25, 2020 Share Posted February 25, 2020 16 minutes ago, Jimmy Snacks said: Fuck here we go again with this shit. Your irony? Yep Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted February 25, 2020 Share Posted February 25, 2020 3 hours ago, spin_dry said: Down she goes. Where’s the bottom? https://www.cnbc.com/2020/02/24/coronavirus-fears-could-push-mortgage-rates-past-4-year-low.html so you are saying we could get to like 3% on a 30 ? may just have to start pulling all the equity out of my home and a rental or 2 and waite for the tank and walk away and pay cash for some better places then Quote Link to comment Share on other sites More sharing options...
f7ben Posted February 25, 2020 Share Posted February 25, 2020 2 minutes ago, Ez ryder said: so you are saying we could get to like 3% on a 30 ? may just have to start pulling all the equity out of my home and a rental or 2 and waite for the tank and walk away and pay cash for some better places then That’s what Trump would do Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted February 25, 2020 Share Posted February 25, 2020 Just now, f7ben said: That’s what Trump would do fuck it I know people who did it last time around and came out smelling like gold plated roses Quote Link to comment Share on other sites More sharing options...
Mainecat Posted February 25, 2020 Share Posted February 25, 2020 33 minutes ago, Ez ryder said: so you are saying we could get to like 3% on a 30 ? may just have to start pulling all the equity out of my home and a rental or 2 and waite for the tank and walk away and pay cash for some better places then Better do it now. Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted February 25, 2020 Share Posted February 25, 2020 1 minute ago, Mainecat said: Better do it now. well there it is we are safe from a crash for at least a yr . Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted February 25, 2020 Share Posted February 25, 2020 50 minutes ago, Mainecat said: I think every American is done spending over their budget for a while. Hey come on down and buy that brand new shack for 500k. We can offer you a a 400k, .5% fixed mortgage for 30 years! No worries we will be back in a year to auction it when it’s worth 250k........... Where have I seen this before? The 80’s?, The 90’s?, the 2000nds?....OH WAIT IT WAS ALL OF THEM! That's less than $1200 a month. Quote Link to comment Share on other sites More sharing options...
Advertising Member Seatofmypants Posted February 25, 2020 Advertising Member Share Posted February 25, 2020 Just refi'd last week. 30 year fixed 0 points 3.5% plus $1000 in lenders credit. Dropped my payment $850 a month......that's fucking winning Quote Link to comment Share on other sites More sharing options...
Rod Posted February 25, 2020 Share Posted February 25, 2020 18 hours ago, Anler said: Whats with the doom and gloom? ThpinnyVan is a pessimist Quote Link to comment Share on other sites More sharing options...
racer254 Posted February 25, 2020 Share Posted February 25, 2020 8 minutes ago, Seatofmypants said: Just refi'd last week. 30 year fixed 0 points 3.5% plus $1000 in lenders credit. Dropped my payment $850 a month......that's fucking winning That's great, just found out that 15 years are at 3%. Quote Link to comment Share on other sites More sharing options...
Advertising Member Seatofmypants Posted February 25, 2020 Advertising Member Share Posted February 25, 2020 4 minutes ago, racer254 said: That's great, just found out that 15 years are at 3%. I had no idea they were trending so low. Super happy with my transaction 18 day close....ding dang done. Quote Link to comment Share on other sites More sharing options...
teamgreen02 Posted February 25, 2020 Share Posted February 25, 2020 14 minutes ago, Seatofmypants said: Just refi'd last week. 30 year fixed 0 points 3.5% plus $1000 in lenders credit. Dropped my payment $850 a month......that's fucking winning Sure it dropped the payment, but it just extended your mortgage by how many years? 5 minutes ago, racer254 said: That's great, just found out that 15 years are at 3%. We refi'd when 15 years was at 2.75%. Be interesting to see how low they go now. The gap between the 15 and 30 year loans are getting close. Quote Link to comment Share on other sites More sharing options...
snoughnut Posted February 25, 2020 Share Posted February 25, 2020 13 minutes ago, Seatofmypants said: Just refi'd last week. 30 year fixed 0 points 3.5% plus $1000 in lenders credit. Dropped my payment $850 a month......that's fucking winning I re-financed 9 years ago to a 15 yr. fixed at 3.3% Quote Link to comment Share on other sites More sharing options...
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