Quote:
Originally Posted by Challenger
my equity rate is nearly twice 3%. Haven't seen much less around here (MD)
Can you suugest a good bank with a 3% rate (not a 6 month teaser)
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I've had my H.E.L. with my bank in Lexington for several years now.It's tied into the prime rate. The 3% has been my rate for over 2 years, and with Bernanke at the helm, i don't see it changing anytime soon. I do know, if i opened a new loan now, the best rate would be 4.5%. I've learned alot, since the financial meltdown,while dealing with several banks on real estate transactions .As long as you don't need the money they are willing to lend, heaven help you if you actually need the money, and these are the SOB's that got us in this crisis!!!!!!!!