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What is your intrest rate???

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Bethm1026
Contributor

What is your intrest rate???

OK...we are oh so close to getting our offer a done deal.
What are/is your intrest rate and did you go FHA or conven.?
Our lender did our GFE high @ 6.5% so we'd see the worst case senerio.
Just like to get an idea of the closing rate.............or if I should "lock-in" 
10/2007 TU 545 EX 538 EQ 529
2/2008 TU 628 EX 608 EQ 587
3/2008 TU 636 EX 627 EQ 613
4/2008 TU 637 EX 618 EQ 621
Message 1 of 6
5 REPLIES 5
nicemann
Established Contributor

Re: What is your intrest rate???

Just closed on my FHA on the 12th.  Interest rate 6% but APR 6.75%
Message 2 of 6
Anonymous
Not applicable

Re: What is your intrest rate???

I'm getting an FHA loan when I can find a house - all the GFEs on the 4 offers (yes 4) that I've submitted so far have been around 5.5%; give or take .2%.
 
 
Message 3 of 6
Anonymous
Not applicable

Re: What is your intrest rate???

I Locked last week at6.0 with an 6.2APR with Wells Fargo. Cllosing on June20th. I'd lock soo as I see rates are on the rise again.
Message 4 of 6
DallasLoanGuy
Super Contributor

Re: What is your intrest rate???



Shnapple wrote:
I'm getting an FHA loan when I can find a house - all the GFEs on the 4 offers (yes 4) that I've submitted so far have been around 5.5%; give or take .2%.
 
 



Those rates may not hold.... unless you pay discount points. Rates have risen daily for over a week.
 
Retired Lender
Message 5 of 6
nicemann
Established Contributor

Re: What is your intrest rate???



plechma wrote:
I Locked last week at6.0 with an 6.2APR with Wells Fargo. Cllosing on June20th. I'd lock soo as I see rates are on the rise again.


Must have been Conventional with that lower APR.  Smiley Happy
Message 6 of 6
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