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My loan is 5.5% FHA with no points and it took me 1 point or 1800 to buy down to 5% which is were I was able to lock in at. I was ecstatic.
@DallasLoanGuy wrote:same as conventional....
improving over late last week
Does "improving" mean going up or down? Are you a lender or a borrower?
@Anonymous wrote:
@DallasLoanGuy wrote:same as conventional....
improving over late last week
Does "improving" mean going up or down? Are you a lender or a borrower?
He was speaking from the consumer's point of view.
However, if you'll check the post date of the original post, this thread was necro'd from autumn of last year when rates were in the mid 6's and people were worried they were going to go to 7+.