Author Topic: Any mortgage experts on the forums?  (Read 6878 times)

Online CountValentine

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Re: Any mortgage experts on the forums?
« Reply #75 on: March 12, 2020, 08:03:02 PM »
It's because banks are overwhelmed with refinance requests and are having a hard time keeping up with the demand.
Then stop taking applications, don't rip people off.
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline ltttc

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Re: Any mortgage experts on the forums?
« Reply #76 on: March 12, 2020, 08:08:40 PM »
Then stop taking applications, don't rip people off.
I wish!! I'm in the process of getting a mortgage and this is hurting me. Apparently they don't care. I just didn't realize that banks have the power to decide how much above the prime rate they can charge. I thought it's a given

Offline Geshmak25

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Re: Any mortgage experts on the forums?
« Reply #77 on: March 12, 2020, 09:43:06 PM »
i have 3.99 and to Refi with 3.125 i would save myself around $170 - $220 per month after all the fees, this is for a 30y
You sure you can still get 3.125%?
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Offline PlatinumGuy

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Re: Any mortgage experts on the forums?
« Reply #78 on: March 13, 2020, 12:24:56 AM »
Mortgages are likely to freeze soon because banks are afraid RE values will follow stock market values.
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Online CountValentine

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Re: Any mortgage experts on the forums?
« Reply #79 on: March 13, 2020, 12:34:33 AM »
Mortgages are likely to freeze soon because banks are afraid RE values will follow stock market values.
When I heard the "R" word I thought they meant recession not Real-estate.  :)
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch