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Old 10-15-2014, 01:53 PM
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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.
Yep, true that, last week I was quoted a 4.0 for my personal home and today at 3.8750 %
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