Wednesday, November 30, 2011

Our Future Mortgage---A Phenomenal Rate!

We officially locked our rate a week ago at an amazing 3.75%.  How awesome is that?!  It's for a 30 year fixed loan.  We were thrilled in 2008 to refinance our Colorado house to 5.25%.  Back then, that was good.  The rates right now are really hitting bottom.  I am so glad that we didn't have to lock back during summer because it was around 4.5%.  It's crazy how the rate can drastically change over a short amount of time.

3 comments:

Gina K. said...

Last week the rate was 3.75% but we couldn't lock in yet because of some other issues we had to discuss with the lender. Hoping to lock in this week and hoping the rate is still below 4.

Anonymous said...

HOW AWESOME...CONGRATULATIONS on the low rate!!

Your home is looking BEAUTIFUL!!

GS

Julie Lyons said...

That IS amazing! Congrats on the awesome rate!