Damn these interest rates

Posted 40 day(s) ago 1118 Views 19 Replies
Results 1 to 20 of 20
  1. #1

    Damn these interest rates

    Right when I'm about to buy a home...

  2. #2
    dallasstars10's Avatar
    Posts
    5,227
    Join Date
    Jul 2011
    Location
    Oklahoma

    They have been known to start moving up for the past like year.
    The following users like this post: cbsooner


  3. #3
    And they have been historically low since 2009. Please stop talking.

    Sent from my SAMSUNG-SM-G890A using Tapatalk

  4. #4
    His Royal Highness the Honorable King of LandThieves Esq. III
    SoCaliSooner's Avatar
    Posts
    14,303
    Join Date
    Jan 2011
    Location
    SoCal

    I bought my first house in 1995, great income and solid credit and I was stoked that my interest rate was 7.4%. The first part of the year it was well above 8.5% but when I closed in April it was just under 8%.

  5. #5
    damn these poor people...
    The following users like this post: cbsooner


  6. #6
    I feel ya. I'm in the middle of building a house which won't be done until late summer.

  7. #7
    I got in just right. My primary residence is locked in at 3.75% and will be paid off in less than 3 year'n.

    Bought a vacation house 2 years ago and was able to find 4.125% for 30 yrs.

    Idea is to sell the primary when I retire, pay off the vacation house (and move into it), with equity money left over.

    I recommend a mortgage guy out of Durant. Even if you live in OKC or wherever. He's with Guild Mortgage. Name is David Jones. Good dude, and will find you the best rates available.

  8. #8
    less than 3.5% for a 15 is what I'm looking at. That's dang near 0.

  9. #9
    6 of one half a dozen of the others. You can manipulate the rate to make money either way.


    Sent from my iPhone using Tapatalk

  10. #10
    Bought my first house in 1978 @ 10.5 % interest...

  11. #11
    Count your blessings. Mine was almost 13% in the eartly 80's.
    The following users like this post: PokeJ


  12. #12
    Originally Posted by 1stTimeCaller View Post
    less than 3.5% for a 15 is what I'm looking at. That's dang near 0.
    Switched to a 15 year at 2.6% last summer.
    2 users like ImTheDude's post: 1stTimeCaller, Stinger_1066


  13. #13
    I live in a 0% refrigerator box.
    4 users like Chk's post: 1stTimeCaller, cccasooner2, ImTheDude, SoonerAtty


  14. #14
    Originally Posted by Chk View Post
    I live in a 0% refrigerator box.
    But its a box from one of those awesome Samsung refrigerators with the built in apps.
    The following users like this post: Mixer!


  15. #15
    I got a -2% payday loan. They pay me to borrow from them.

    LT Rich.
    3 users like SoonerAtty's post: 1stTimeCaller, Bear_Jew, Stinger_1066


  16. #16
    Stinger_1066's Avatar
    Posts
    34,726
    Join Date
    Nov 2010
    Location
    On the golf course

    Originally Posted by ImTheDude View Post
    Switched to a 15 year at 2.6% last summer.
    I was divorced in 2012 and had to refi my house. I got a 10 year note at around 3%. Only 5 years remain. Woo hoo!
    The following users like this post: ImTheDude


  17. #17
    Stinger_1066's Avatar
    Posts
    34,726
    Join Date
    Nov 2010
    Location
    On the golf course

    Originally Posted by soonerbornsoonerbrett View Post
    But its a box from one of those awesome Samsung refrigerators with the built in apps.
    Gotta be careful with those. The government uses them to spy on you.

  18. #18
    Originally Posted by Stinger_1066 View Post
    Gotta be careful with those. The government uses them to spy on you.
    Refrigerators are known to have facial recognition capability.
    The following users like this post: Stinger_1066


  19. #19
    His Royal Highness the Honorable King of LandThieves Esq. III
    SoCaliSooner's Avatar
    Posts
    14,303
    Join Date
    Jan 2011
    Location
    SoCal

    Originally Posted by Chk View Post
    I live in a 0% refrigerator box.
    Send me pics of your box
    2 users like SoCaliSooner's post: Bear_Jew, Mixer!


  20. #20
    Originally Posted by SoCaliSooner View Post
    Send me pics of your box
    Post reported and pic sent because I can't decide which is the appropriate response.
    2 users like Chk's post: Bear_Jew, Mixer!


Similar Threads

  1. Mortgage rates...
    By Sooners2007 in forum The Pub
    Replies: 115
    Last Post: April 24th, 2014, 01:20 PM