Talk of The Villages Florida - View Single Post - Are We going to See 8% Mortgage Rates
Thread: Are We going to See 8% Mortgage Rates
View Single Post
 
Old 05-23-2025, 12:07 PM
Normal's Avatar
Normal Normal is offline
Soaring Eagle member
Join Date: Jun 2021
Location: Earth
Posts: 2,492
Thanks: 5,360
Thanked 1,838 Times in 897 Posts
Default Yes, Buyimg down is a good option
Quote:
Originally Posted by Jim1mack View Post
In 2014 we secured a rate of 4.75. Thirty year fixed. With a little shopping I think I could have found a lower one. Right now BankRate.com list the lowest rate of 5.99
Yes, Bankrate has a great listing for buy downs. The national average can be skewed in your favor if you have the money to purchase a lower rate. Nerd wallet has a listing too for those shopping.. There is no need to pay the national average of 7%.
__________________
Everywhere

.. though we cannot, while we feel deeply, reason shrewdly, yet I doubt if, except when we feel deeply, we can ever comprehend fully."—Ruskin

Borta bra men hemma bäst
Reply