Thread: Investing 102
View Single Post
  #3  
Old 10-15-2014, 06:13 PM
Vegas69's Avatar
Vegas69 Vegas69 is offline
Senior Member
 
Join Date: Dec 2006
Posts: 8,692
Thanks: 87
Thanked 215 Times in 120 Posts
Default

Quote:
Originally Posted by Flash68 View Post
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.
Sweet....Get the payments on auto draft with extra principal to get that baby free and clear in 15. Otherwise, you'll blow it on diapers and car warehousing. hahahaha
__________________
Todd
Reply With Quote