What Is Your Mortgage Rate?

Discussion in Mortgage & House Payments started by Sunshine • Jan 27, 2015.

  1. Sunshine

    SunshineActive Member

    Joined:
    Jan 18, 2015
    Threads:
    39
    Messages:
    192
    Likes Received:
    34
    Anyone care to share your mortgage interest rate?

    We are at 2.75%. We at one point had a 5 year arm, then when that expired we were very lucky to get a rate at around 3%, which has continued to drop every year. I feel almost scared to type about it because I feel so lucky compared to the horror stories we have heard!

    What is your current rate, and which country do you live in? We are in the States.
     
  2. joyful728

    joyful728Active Member

    Joined:
    Oct 29, 2014
    Threads:
    47
    Messages:
    103
    Likes Received:
    9
    Wow, 2.75 is awesome. Ours is 4.5 I think. We are in the states, in Texas.

    I am glad we get to deduct mortgage interest, so when you get to deduct that then basicallly you have a lower rate.
     
  3. Corzhens

    CorzhensWell-Known Member

    Joined:
    May 27, 2015
    Threads:
    151
    Messages:
    1,855
    Likes Received:
    459
    The rate of interest on the mortgage of this house is quite low because I am a bank employee and that housing loan is one of our privileges. This house was actually bought via the housing loan of my husband when he was working with another bank. After some years, I found out that our bank charges a lower interest rate so I had this house re-mortgaged. Now my finances are stable regarding the mortgage payments.
     
  4. Penny

    PennyActive Member

    Joined:
    Jun 23, 2015
    Threads:
    18
    Messages:
    131
    Likes Received:
    27
    I only just got a mortgage at 4.125 -- that's pretty good for a US fixed rate loan. In the US rates can expect to start going up pretty soon and stay up for a while. So if anyone is considering making the leap, sooner will be better than later. There are also still a few post-recession "short sale" properties around that can be a very good deal.
     
  5. S.O. Price

    S.O. PriceActive Member

    Joined:
    Jun 7, 2012
    Threads:
    45
    Messages:
    226
    Likes Received:
    38
    I refinanced a couple of years ago and got 3.75. It's a fixed rate. I would never do variable unless I was a person who moved around a lot, which I am not. I'm pretty happy with the rate I have. I do pay a little extra every month to bring down the balance even faster.
     
Loading...
Similar Threads - Mortgage RateForumDate
Please Advice,i Have Been Denied MortgageMortgage & House PaymentsOct 14, 2017
Joint MortgageMortgage & House PaymentsNov 3, 2016
Is It Wise To Get Into Mortgage Again?Mortgage & House PaymentsOct 27, 2015
Getting A Mortgage Is StressfulMortgage & House PaymentsOct 4, 2015
a good mortgage rate at ING DirectMortgage & House PaymentsJun 19, 2012