My Account
Sign up, and you can customize which countdowns you see.
Sign up
Report problem with this ad
Start a related thread
Start a related poll
Reply via Boardmail
Apr 27, 2015
5:17
:35
pm
bulletproof
Not exactly true. There are other things that change the APR
that you shouldn't use in a comparison, like prepaid interest.
Start a related thread
Start a related poll
Reply via Boardmail
Report problem with this ad
bulletproof
Bio page
bulletproof
Joined
Sep 11, 2003
Last login
Sep 27, 2024
Total posts
6,544 (26 FO)
Report problem with this ad
Messages
Author
Time
POLL: 3.0% on a 15 year mortgage (no points)
newey-west
4/27/15 5:01pm
is there an origination fee?
RexIdaCoug
4/27/15 5:03pm
Nope
newey-west
4/27/15 5:04pm
What does no points mean to you?
bulletproof
4/27/15 5:04pm
I'm not prepaying to reduce the stated rate below par.
newey-west
4/27/15 5:06pm
How do you know what is "par"?
boogers
4/27/15 5:06pm
It's all relative, right?
newey-west
4/27/15 5:09pm
You should care about two things. Rate, and total closing costs.
bulletproof
4/27/15 5:10pm
Yeah, I just added the no points caveat to indicate that I'm getting their "par"
newey-west
4/27/15 5:12pm
just compare the APR
TonyStark
4/27/15 5:14pm
Not exactly true. There are other things that change the APR
bulletproof
4/27/15 5:17pm
the point being that if one APR is way higher than another
TonyStark
4/27/15 5:25pm
ahem...
bulletproof
4/27/15 5:42pm
I fail to get your point.
TonyStark
4/27/15 6:08pm
Consumers shouldn't look at APR if they want exact numbers.
bulletproof
4/27/15 6:15pm
Not what I said either, it is just a quick and DIRTY
TonyStark
4/27/15 6:39pm
What about processing, underwriting, admin fees, etc.
bulletproof
4/27/15 5:08pm
RE: POLL: 3.0% on a 15 year mortgage (no points)
TonyStark
4/27/15 5:12pm
there is a lot more that go into it like loan to value, credit score, purchase,
TonyStark
4/27/15 5:16pm
2.5 on 10 year.
SEABYU1
4/27/15 5:34pm
In CA, 3.0% is competitive for 15-yr mortgages on loan values of $2M+
argus
4/27/15 5:46pm
Report problem with this ad
Posting on CougarBoard
In order to post, you will need to either
sign up
or
log in
.
Report problem with this ad