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That is a really good rate! Congrats to you! Darn near free money!
Thank you EVERYONE!! I really hope that a lot of others are getting the ball rolling now so they can get the same kind of rate. I'm still so happy I don't think I've stopped smiling since I heard the news Just finished signing everything last night, getting everything for underwriting...fingers crossed!!!
Hey Courtney091082! Congratulations. I locked in the same rate 2.875% and closed on my house a month ago with only 3.5% down also. My mortgage is very low for the price of my home I locked my rate back in March and was praying it never changed after having to re-lock it 2X because my home wasn't complete (Bought New Construction). Best of Luck to you and I hope you maintain that rate!!!
@courtney091082 wrote: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
That's great!! This is the lowest rate I've seen for 30yrs...
Zillow 30-yr average (10/3 @ 11:30AM EST)
Massachusetts | 3.12% |
National | 3.19% |
Nice, very nice. I closed last month at 3.375%. Rewind to 2005, I closed at 6%. Wow!!!!