Thread: Investing 102
View Single Post
  #8  
Old 10-15-2014, 12:03 PM
Flash68's Avatar
Flash68 Flash68 is offline
Moderator
 
Join Date: Sep 2005
Location: NorCal
Posts: 9,180
Thanks: 58
Thanked 158 Times in 104 Posts
Default

One beautiful thing that has happened in the last few days as a result of this pullback is the plummeting of mortgage rates.

I just rate locked this morning at 4.25% on a NON owner occupant 4 plex. The rate I was looking at just last Friday was 4.625%. And I was okay with that. But that's a huge spread in just 2-3 days. And that's a lot of fixed savings over 2-3 decades.

Basically, I just got lucky.
__________________
2004 NASA AIX Mustang LS2 #14
1964 Lincoln Continental
2014 4 tap Keezer
Reply With Quote