Tndeer Logo

Page all of 3 123>
Topic Options
#3142088 - 01/28/13 08:03 AM Mortgage rates are going up
Birdiekiller
4 Point


Registered: 12/19/10
Posts: 343
Loc: Cleveland, TN

Offline
Just wanted to give you guys a heads up. If you are thinking of buying something, or are one of the few people left who haven't refinanced, you better hurry.

There has been a little bit of good news on the economy recently and that is what is pushing rates.

Call me or pm me and is be happy to help if anybody has specific questions.

Ryan 423-716-8118
_________________________
Contact me for any mortgage advice or if you want to check rates for a home purchase or refinance. 423-716-8118

Top
#3142090 - 01/28/13 08:05 AM Re: Mortgage rates are going up [Re: Birdiekiller]
Bottom Hunter
16 Point


Registered: 12/29/06
Posts: 16322
Loc: Hatchie Bottoms

Offline
I am so glad that we paid off our home......no notes at all is a great feeling.

good luck to all.
_________________________
There are some people who always seem angry and continuously look for conflict.

Walk away; the battle they are fighting is not with you, but with themselves.

Top
#3142091 - 01/28/13 08:08 AM Re: Mortgage rates are going up [Re: Bottom Hunter]
LA man
18 Point


Registered: 05/31/03
Posts: 20845
Loc: spencer, tn/houma, la.

Offline
i refinanced last week.
_________________________
GO LSU

Top
#3142117 - 01/28/13 08:27 AM Re: Mortgage rates are going up [Re: LA man]
cecil30-30
16 Point


Registered: 12/05/06
Posts: 14345
Loc: Morgan Co

Offline
We are planning on buying in the next couple months..We will have all our small bills paid off at the end of February.We will start looking for a house then.We'll probably try to get pre qualified first..How much do you expect them to go up?
_________________________
The beauty of the second amendment is that it will not be needed until they try to take it." -Thomas Jefferson


Ban Liberals!!! Save America!!!!

Top
#3142149 - 01/28/13 08:56 AM Re: Mortgage rates are going up [Re: cecil30-30]
Birdiekiller
4 Point


Registered: 12/19/10
Posts: 343
Loc: Cleveland, TN

Offline
They have gone up about .25 in the last couple weeks. I would expect them to be around 4% by summer. All depends on the economy though.
_________________________
Contact me for any mortgage advice or if you want to check rates for a home purchase or refinance. 423-716-8118

Top
#3142418 - 01/28/13 12:29 PM Re: Mortgage rates are going up [Re: Birdiekiller]
REM7
10 Point


Registered: 08/19/08
Posts: 3974
Loc: GRUNDY COUNTY

Offline
Refinacing is in motion now
Top
#3142435 - 01/28/13 12:42 PM Re: Mortgage rates are going up [Re: Birdiekiller]
TAFKAP
14 Point


Registered: 11/06/09
Posts: 9856
Loc: Memphis

Offline
 Originally Posted By: Birdiekiller
They have gone up about .25 in the last couple weeks. I would expect them to be around 4% by summer. All depends on the economy though.


Regardless, still a good time to buy or refi.

8 years ago, we thought we got a ripping deal at 5.875%. Last year, we were beyond thrilled at 4.125%. Unless you're above 5% or will be selling within 5 years, I don't see it being worth all the closing costs....unless you're lining up banks that will cover that ;\)
_________________________
Everything important in life was learned from Mary Jo Kopechne.

Top
#3142526 - 01/28/13 01:55 PM Re: Mortgage rates are going up [Re: TAFKAP]
Coach
16 Point


Registered: 12/02/07
Posts: 11380
Loc: Pall Mall, TN and Dexter, MI

Offline
I'm mulling over a refi proposal with my bank in MI right now...

5/25 (fixes the rate for 5 years) at 2.7%

7/23(fixes the rate for 7 years) at 3.2%

But, I have to pay $974 to do it and they won't roll it in..Currently at 4.3%
_________________________
I couldn't fix your brakes so I made your horn louder....

Dean Business Supply, Llc

http://www.adam4d.com




Top
#3142527 - 01/28/13 01:55 PM Re: Mortgage rates are going up [Re: TAFKAP]
JeepKuntry
16 Point


Registered: 01/20/04
Posts: 14771
Loc: Clinton, TN

Offline
We refinanced as soon as we could. We got screwed on the initial interest. I'm sure I could get a bit lower but it's not the hassle now. I don't plan on being there much longer. Actually looking to remodel the bathroom and do a for sale by owner this year.
_________________________
Greg Cooper

Top
#3142621 - 01/28/13 03:12 PM Re: Mortgage rates are going up [Re: JeepKuntry]
waynesworld
8 Point


Registered: 05/13/12
Posts: 1489
Loc: Mboro, Tennessee

Offline
I would hope they are in the 12-16% in a few years \:\)
Top
#3142675 - 01/28/13 03:47 PM Re: Mortgage rates are going up [Re: waynesworld]
rem270
18 Point


Registered: 11/15/02
Posts: 21487
Loc: south fulton

Offline
I got one more week until my divorce is final. Then do the deed transfer to get her name off the house, and then im refinancing.
_________________________
NO1 Greater- Ky Wildcats!!

Its not what happens in life, but how you react to it that matters.

Top
#3142681 - 01/28/13 03:51 PM Re: Mortgage rates are going up [Re: rem270]
Kevin
8 Point


Registered: 09/25/07
Posts: 2046
Loc: Jackson, TN

Offline
 Originally Posted By: rem270
I got one more week until my divorce is final. Then do the deed transfer to get her name off the house, and then im refinancing.


man im sorry to hear that dustin!
_________________________
A country boy can survive.

A bad day fishing is better than a good day of work.

Roll Tide

Top
#3142900 - 01/28/13 06:48 PM Re: Mortgage rates are going up [Re: Kevin]
Coach
16 Point


Registered: 12/02/07
Posts: 11380
Loc: Pall Mall, TN and Dexter, MI

Offline
 Originally Posted By: Kevin
 Originally Posted By: rem270
I got one more week until my divorce is final. Then do the deed transfer to get her name off the house, and then im refinancing.


man im sorry to hear that dustin!


Hang in there...gets better. Unfortunately, my mortgage lady called me tonight and said the rates are going up tomorrow and that she would lock me in...hopefully not too much Rem
_________________________
I couldn't fix your brakes so I made your horn louder....

Dean Business Supply, Llc

http://www.adam4d.com




Top
#3142927 - 01/28/13 07:05 PM Re: Mortgage rates are going up [Re: Bottom Hunter]
redblood
16 Point


Registered: 01/22/06
Posts: 15381
Loc: Lewisburg

Offline
 Originally Posted By: Bottom Hunter
I am so glad that we paid off our home......no notes at all is a great feeling.

good luck to all.



amen. something we agree on
_________________________
"I will predator hunt for food "

Top
#3142985 - 01/28/13 07:45 PM Re: Mortgage rates are going up [Re: Coach]
rem270
18 Point


Registered: 11/15/02
Posts: 21487
Loc: south fulton

Offline
 Originally Posted By: Coach
 Originally Posted By: Kevin
 Originally Posted By: rem270
I got one more week until my divorce is final. Then do the deed transfer to get her name off the house, and then im refinancing.


man im sorry to hear that dustin!


Hang in there...gets better. Unfortunately, my mortgage lady called me tonight and said the rates are going up tomorrow and that she would lock me in...hopefully not too much Rem


Appreciate it guys \:\)
_________________________
NO1 Greater- Ky Wildcats!!

Its not what happens in life, but how you react to it that matters.

Top
#3143008 - 01/28/13 08:02 PM Re: Mortgage rates are going up [Re: rem270]
pcrc
8 Point


Registered: 10/12/09
Posts: 1242
Loc: Knoxville

Offline
Ryan did our refinance last month. Thumbs up to him on getting us through with some difficulties due to new flood regs. Cut 10 years off our note and kept the same payment. Saving us close to $100,000 in interest. Thanks Ryan!!
Top
#3143121 - 01/28/13 09:11 PM Re: Mortgage rates are going up [Re: pcrc]
mr.big
Non-Typical


Registered: 01/03/01
Posts: 28915
Loc: Copper Head Road

Offline
closed today at 2.875
_________________________
gun junky

Top
#3143384 - 01/29/13 06:38 AM Re: Mortgage rates are going up [Re: pcrc]
Birdiekiller
4 Point


Registered: 12/19/10
Posts: 343
Loc: Cleveland, TN

Offline
 Originally Posted By: pcrc
Ryan did our refinance last month. Thumbs up to him on getting us through with some difficulties due to new flood regs. Cut 10 years off our note and kept the same payment. Saving us close to $100,000 in interest. Thanks Ryan!!


Thanks Jeff!
_________________________
Contact me for any mortgage advice or if you want to check rates for a home purchase or refinance. 423-716-8118

Top
#3143419 - 01/29/13 07:19 AM Re: Mortgage rates are going up [Re: Birdiekiller]
TN Larry
10 Point


Registered: 09/17/03
Posts: 3394
Loc: Baxter, Tennessee

Offline
Closed in December at 2.875. Went from 28.5 yrs to 15 yrs and only went up slightly on the payment. We got the best interest rate that we could get when we closed on our new house in early 2011 at 4.875. The numbers showed that we would be crazy not refinance and cut the yrs off. Happy, Happy, Happy is all that I can say!
_________________________
I pray to fish until my dying day. When it comes to my last cast, I then most humbly pray, when in the Lord's safe landing net & I'm at peace that in His mercy I be judged big enough to keep.

Top
#3143504 - 01/29/13 08:34 AM Re: Mortgage rates are going up [Re: TN Larry]
Mike Belt
TnDeer Old Timer
16 Point


Registered: 03/26/99
Posts: 18623
Loc: Lakeland, Tn.

Offline
Any time the going rate of interest is lower than what you currently have you ought to look into refinancing; especially if you have a long term left on your mortgage. I refinanced after only 1 year on my 30 year loan. I had to add a little boot to it but I kept the same note and dropped 15 years off my mortgage. That move saved me about $258,000 in interest and enabled me to pay my house off early.

Edited by Mike Belt (01/29/13 10:05 AM)
_________________________
BONE HEAD HUNTER

Top
#3143529 - 01/29/13 08:48 AM Re: Mortgage rates are going up [Re: Mike Belt]
Coach
16 Point


Registered: 12/02/07
Posts: 11380
Loc: Pall Mall, TN and Dexter, MI

Offline
Well, I did it yesterday..paperwork mailed and locked in at the lower rate. I paid off my other home early doing the same thing Mike B...pays to pay attention
_________________________
I couldn't fix your brakes so I made your horn louder....

Dean Business Supply, Llc

http://www.adam4d.com




Top
Page all of 3 123>


Moderator:  RUGER, Unicam, gtk, Tennessee Todd, Lakeland Charlie, Cuttin Caller, CBU93, stretch, TurkeyBurd, MAN, Bobby G, Kimber45, Crappie Luck 
Hop to:
Top Posters
4106600
RUGER
88400
Deer Assassin
65979
BSK
62020
Crappie Luck
51392
spitndrum
Newest Members
yarddawg54, schiesser, bigdoc, Bggamehunter, willy2763
13605 Registered Users
Who's Online
1 registered (TIGGREM2) and 35 anonymous users online.
Forum Stats
13605 Members
43 Forums
100236 Topics
1180134 Posts

Max Online: 788 @ 11/11/13 08:06 PM
Moon Phase
CURRENT MOON
January
Su M Tu W Th F Sa
1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31
Forum Donations
The TnDeer.Com Deer Talk Forum is for Tennessee Deer Hunters by Tennessee Deer Hunters. If you enjoy using our Talk Forum and would like to contribute to help in it's up-keep. Just submit your contribution by clicking on the DONATE button below and paying with PayPal or a major credit card. Any amount is much appreciated. Thanks for your support!

TN Burn Safe

Generated in 0.008 seconds in which 0.001 seconds were spent on a total of 14 queries. Zlib compression enabled.