02-29-2008, 11:25 AM
Steve85 Wrote:Great looking TH! Congrats.
House modding...that's too funny.
Did you get a good rate? I was looking at refinancing and over the last month the rates went up about a full point. Hopefully you got locked in...
Yeah the rate was killer. Got 5.5% on a 5/1 IO ARM (which is fine for me because I don't plan on being in this house for more than 3-4 years). All closing costs paid, a couple of free programs included like 1 year of mortgage protection. Basically if I got involuntarily laid off for some reason, was injured or ill and couldn't make the mortgage payments BoA covers it for 6 months for free.
Rates just jumped up again to over 1% more now though, so keep your eyes on the Fed ... it's still a good time to refi just wait till it drops again.
Posting in the banalist of threads since 2004
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks