10-01-2012 02:46 PM
I'm so excited!! I just got a call from my bank and they locked my rate today: 2.875% for 30 yrs fixed FHA
Now only about 100 more things to do I'm sure, but that was fantastic news
10-01-2012 03:13 PM
It's with 3.5% down just the minimum!
10-01-2012 04:29 PM
I'm in Amarillo TX, as far as I know it's just a local area back called FirstBank Southwest
10-01-2012 04:40 PM
Thanks! My lender was even giggling she said "doesn't that take your breath away" I was sooooo thrilled!!!
10-01-2012 09:04 PM
wow...that rate kicks booty! Congrats!
10-01-2012 09:27 PM
Congratulations! I am about 3-6 months out from having your scores, hopefully the interest rates will not go up before then. Worried about what may happen after the election. (I have read both "nothing" and "everything". So, who knows?)
10-02-2012 01:22 PM
That is amazing, congrats. I bit the bullet about a month and a half ago and locked in at 3.375. Was glad I did at the time, because in the weeks that followed, the rate jumped up to 3.45 then 3.525. Was feeling good until the past couple of weeks... now rates are soooo low. Grrrr, oh well, just glad to be closing in a few weeks.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO