y***n 发帖数: 114 | 1 Today's no cost rate for jumbo conforming is 4.5%. Is this rate the lowest
during the most recent couple months? If it is true, is today the good time
to lock the rate? Thank you. |
b*d 发帖数: 9308 | 2 Yes, 4.5% for jumbo conforming is at historical low. I sincerely hope rate
can stay at this low level for a long period of time.
time
【在 y***n 的大作中提到】![](/moin_static193/solenoid/img/up.png) : Today's no cost rate for jumbo conforming is 4.5%. Is this rate the lowest : during the most recent couple months? If it is true, is today the good time : to lock the rate? Thank you.
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y***n 发帖数: 114 | 3 One broker told me that if the loan is processed, the rate could go down to
4.375%.
How could a loan application be considered "processed"? Does it mean we
should also have the appraisal done in order to get the lower rate?
【在 b*d 的大作中提到】![](/moin_static193/solenoid/img/up.png) : Yes, 4.5% for jumbo conforming is at historical low. I sincerely hope rate : can stay at this low level for a long period of time. : : time
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b*d 发帖数: 9308 | 4 That means the loan has been underwritten for a while, and if locked for 14
days, a lower rate is possible.
FYI, the interest rate has gone up this afternoon after the recovery of the
stock market.
to
【在 y***n 的大作中提到】![](/moin_static193/solenoid/img/up.png) : One broker told me that if the loan is processed, the rate could go down to : 4.375%. : How could a loan application be considered "processed"? Does it mean we : should also have the appraisal done in order to get the lower rate?
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b*d 发帖数: 9308 | 5 Did you lock your rate today?
time
【在 y***n 的大作中提到】![](/moin_static193/solenoid/img/up.png) : Today's no cost rate for jumbo conforming is 4.5%. Is this rate the lowest : during the most recent couple months? If it is true, is today the good time : to lock the rate? Thank you.
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