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Regular Contributor
courtney091082
Posts: 244
Registered: ‎07-06-2007

Locked my rate today...DRUMROLL...2.875%

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‎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 :smileyhappy:

 

 

Now only about 100 more things to do I'm sure, but that was fantastic news :smileyhappy: 

9/1/2012 ...DRUMROLL .... EQ .. 776!!

I'm FINALLY a homeowner .. 10/24/12!!!!

My Cards ~~~GARDENING~~~ BNSF CU ($1000) BOA ($2500) Amazon / GE ($900) AMEX BCE ($2500) Chase Freedom ($3000) US Bank Cash + (7500)
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Established Contributor
gbishere
Posts: 736
Registered: ‎07-07-2010

Re: Locked my rate today...DRUMROLL...2.875%

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‎10-01-2012 03:08 PM

Is that with 30% down?

__________________________
01/11/2011: FICO:TU: 746
12/14/2010: FICO:EQ: 744
08/12/2011: FICO:EXP: 766
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Regular Contributor
courtney091082
Posts: 244
Registered: ‎07-06-2007

Re: Locked my rate today...DRUMROLL...2.875%

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‎10-01-2012 03:13 PM

It's with 3.5% down :smileywink: just the minimum!

9/1/2012 ...DRUMROLL .... EQ .. 776!!

I'm FINALLY a homeowner .. 10/24/12!!!!

My Cards ~~~GARDENING~~~ BNSF CU ($1000) BOA ($2500) Amazon / GE ($900) AMEX BCE ($2500) Chase Freedom ($3000) US Bank Cash + (7500)
Message 3 of 16 (1,068 Views)
 
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Established Contributor
gbishere
Posts: 736
Registered: ‎07-07-2010

Re: Locked my rate today...DRUMROLL...2.875%

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‎10-01-2012 03:27 PM

what lender?

__________________________
01/11/2011: FICO:TU: 746
12/14/2010: FICO:EQ: 744
08/12/2011: FICO:EXP: 766
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Regular Contributor
courtney091082
Posts: 244
Registered: ‎07-06-2007

Re: Locked my rate today...DRUMROLL...2.875%

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‎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 :smileywink:

9/1/2012 ...DRUMROLL .... EQ .. 776!!

I'm FINALLY a homeowner .. 10/24/12!!!!

My Cards ~~~GARDENING~~~ BNSF CU ($1000) BOA ($2500) Amazon / GE ($900) AMEX BCE ($2500) Chase Freedom ($3000) US Bank Cash + (7500)
Message 5 of 16 (1,005 Views)
 
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Valued Member
7ate9
Posts: 36
Registered: ‎10-27-2011

Re: Locked my rate today...DRUMROLL...2.875%

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‎10-01-2012 04:37 PM

That is an amazing rate, HUGE congrats to you!!!

FAKOS:

EQ: 685 (10/01/12)
EX: 707 (10/01/12)
TU: 700 (10/01/12)
CK: 694 (10/01/12)
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Regular Contributor
courtney091082
Posts: 244
Registered: ‎07-06-2007

Re: Locked my rate today...DRUMROLL...2.875%

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‎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!!!

9/1/2012 ...DRUMROLL .... EQ .. 776!!

I'm FINALLY a homeowner .. 10/24/12!!!!

My Cards ~~~GARDENING~~~ BNSF CU ($1000) BOA ($2500) Amazon / GE ($900) AMEX BCE ($2500) Chase Freedom ($3000) US Bank Cash + (7500)
Message 7 of 16 (994 Views)
 
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Contributor
Errin1
Posts: 79
Registered: ‎08-12-2010

Re: Locked my rate today...DRUMROLL...2.875%

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‎10-01-2012 09:04 PM

:smileysurprised: wow...that rate kicks booty! Congrats!

Starting Score: TU 610 EQ 655 - 8/2010
Current Score: EQ 703 4/13 EXP 714 9/12 ( lender pull) TU 719 4/13
Goal Score: too much of a yoyo, maintain the 700's for 2013

Take the FICO Fitness Challenge
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Regular Contributor
sharpie
Posts: 174
Registered: ‎01-30-2010

Re: Locked my rate today...DRUMROLL...2.875%

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‎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?)

 

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Contributor
avv7c0
Posts: 106
Registered: ‎01-18-2011

Re: Locked my rate today...DRUMROLL...2.875%

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‎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.

----------------------------------------------------------
Fico Scores:
EQ - 800 (Mar '13)
TU - 784 (Jan '13)
EX - 814 (Mar '12) - Lender Pull
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