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1stTimeCaller
3/1/2007, 03:23 PM
I'm sure everyone on here is paying 2.2% on their mortgages but what is a decent rate nowadays for a $0 down, 30 year fixed mortgage?
Mjcpr
3/1/2007, 03:24 PM
I'm sure everyone on here is paying 2.2% on their mortgages but what is a decent rate nowadays for a $0 down, 30 year fixed mortgage?

I wouldn't be buyin' one that was broke already. Go getcha one that ain't been fixed yet.
Hamhock
3/1/2007, 03:27 PM
i didn't realize you can do zero down.

WWDRD?
Mjcpr
3/1/2007, 03:28 PM
i didn't realize you can do zero down.

WWDRD?

They'll try to unload the fixed ones any way they can.
crawfish
3/1/2007, 03:29 PM
Somebody punch Pat for me.
Mjcpr
3/1/2007, 03:30 PM
I'm paying 2.3% but my house was used, so I don't know how relevant that is here.
1stTimeCaller
3/1/2007, 03:32 PM
WW1TCD? who gives a F about Dave Ramsey? I don't. Unless he is going to provide input as to what 0 down, 30 year fixed rate mortgages cost as expressed by an APR.
Hamhock
3/1/2007, 03:39 PM
WW1TCD? who gives a F about Dave Ramsey? I don't. Unless he is going to provide input as to what 0 down, 30 year fixed rate mortgages cost as expressed by an APR.

just 'cause your mortgage can't have puppies, that's no reason to get ****y with me....or Dave.
Beef
3/1/2007, 03:47 PM
Y'all don't pay cash for houses?
ultimatesooner1
3/1/2007, 03:48 PM
Bruce could if he wanted to
OU4LIFE
3/1/2007, 03:48 PM
Somebody punch Pat for me.

where's the line start?
Sooner Born Sooner Bred
3/1/2007, 03:50 PM
Do you not read your Myspace messages 1XP'r?
royalfan5
3/1/2007, 03:50 PM
Just squat in a house owned by Sic'em parents. They are down with that.
Boomer.....
3/1/2007, 03:59 PM
I got my new house last summer and am paying 6.5%. Right now, I think that rate is around 6.15%, but could be wrong.
1stTimeCaller
3/1/2007, 04:00 PM
Do you not read your Myspace messages 1XP'r?

yeah, I'm not sure if I made over the limit last year though. I know I will this year. Could I just take my 1040 to a participating bank if it's under the limit for 2006 or do I have to bring pay stubs?
OU4LIFE
3/1/2007, 04:07 PM
when we first bought, we got the variable IR, capped at whatever it was....but i had a feeling that the IR's would come down so we took a chance. Refinanced two years later and got 4.6 fixed.
Soonrboy
3/1/2007, 04:07 PM
three years ago, no down...we got 5.85
jk the sooner fan
3/1/2007, 04:21 PM
i got 5.75 on my VA 30 year fix with 0 down
Sooner Born Sooner Bred
3/1/2007, 04:30 PM
yeah, I'm not sure if I made over the limit last year though. I know I will this year. Could I just take my 1040 to a participating bank if it's under the limit for 2006 or do I have to bring pay stubs?Hmmm, I'm not sure. You could just call them and axe.
OklahomaTuba
3/1/2007, 06:54 PM
5.6 30 year fixed with 20% down.

Been here two year and want to upgrade me thinks.
Frozen Sooner
3/1/2007, 08:38 PM
Quick point of order:

1TC is asking for an APR, not an interest rate. In the world of mortgages, these are two different numbers many times. APR is the cost of your money over the term of the loan expressed as an annual percentage. Interest rate is the amount they charge you each year on the money. There's a subtle difference there-many loans have up-front points in exchange for a lower rate and overall APR.

I want to say that 6.25 APR is pretty decent money right now on a conventional. Can't say on an FHA 3% or whatever loan.