Stock Market Thread

[WRXtranceformed]

We just refinanced from a 7/1 and a HELOC to a single JUMBO 30 year fixed. We didn't get quite the rate you did, but our payment went up only ~8% to convert to a fixed, even though it's a JUMBO. There are no out of pocket costs and we'll get a check for $1200 at closing.

Amusingly, I had engaged our mortgage broker three months before Brexit to get rates. I took my sweet ass time because of all the baby stuff. I was just getting back to it and got updated quotes the week of Brexit. I didn't actually try to lock in a rate until close of business that Friday... which got us the sweet low rate the Monday morning after. Procrastination pays, ladies and gentlemen.

Nice! Well played, that is indeed a nice move over to fixed in jumbo territory. I think jumbo rates are generally higher than non jumbo? I can't remember what the LO said.

We were fortunate because real estate and taxes are relatively cheap in SC. Our new home is 3200 finished sq. ft., 5 bedrooms, 2 car garage, 10' ceilings, custom trim, gourmet kitchen, Energy Star certified, etc. etc. on a desirable lot and we didn't even come close to hitting jumbo territory (offer was < $300k )