Is 6.375% a good interest rate on a 30-year fixed rate mortgage?
View your credit file based on any of the UK credit reference agencies, or all three at once
LifeLock is the only Identity Theft Prevention Solution backed by a one-million dollar guarantee!Click here to get a 10% discount.
I'm a first-time home buyer so this process is very new to me. I found a lovely condo in a great location. I'm approved for a loan where I can lock down this rate with zero points, putting 3% down of the purchase price. Also getting $15k in buyers incentives (to be applied to closing costs and reduction in final purchase price). I plan to live here for 15+ years. Thanks!
Is 6.375% a good interest rate on a 30-year fixed rate mortgage?Given the particulars of your deal structure I would say yes it is a very good loan and one that reflects a good credit score and grade. Congrats on being financially responsible and your new home purchase. Be cautious of that one item on the closing costs and final price reduction. The sales price or appraisal value whichever is lower will be the value you loan to value is set on. If the final reduction reduces sales price beyond lender allowed seller contributions you might not get it all. I have sold homes since a good fixed rate was almost 20%.
Is 6.375% a good interest rate on a 30-year fixed rate mortgage?Wonderful deal make sure its fixed and take it.
Is 6.375% a good interest rate on a 30-year fixed rate mortgage?YES YES YES YES YESYES YES YES YES YESYES YES YES YES YESYES YES YES YES YES!
Is 6.375% a good interest rate on a 30-year fixed rate mortgage?Zero Points! Very good.
Is 6.375% a good interest rate on a 30-year fixed rate mortgage?More Related Questions and Answers ...
The loan information post by website user , we not guarantee correctness.