Mortgage Rate Question
Bond yields have continued to fall this morning and we’re starting to reevaluate the rate we locked in a couple of months ago. Anyone know what a jumbo 30-year fixed is at this morning and who has the best rate in town right now?
Bond yields have continued to fall this morning and we’re starting to reevaluate the rate we locked in a couple of months ago. Anyone know what a jumbo 30-year fixed is at this morning and who has the best rate in town right now?
was under the impression rates would stay low or head lower over next 2 weeks due to katrina, etc. Am I wrong? Should I lock now?
New Stoner: just Bed Stuy and just brownstones?
I second the First Merchants recommendation. I highly recommend Nikkie. She was recommended to us for our first purchase and we are using her for our refi and will probably use her again for another purchase we are making. She’s diligent and efficient.
For anyone buying a Brownstone or home in Brooklyn’s Bedford Stuyvesant section, HSBC Mort. Corp’s rate today for their Community/Works program is 5.125% for a 30 yr. FIXED. I went through this program and the rate is currently lower than SONYMA. It’s almost too good to be true but it’s true. Jump on it if you can.
http://www.us.hsbc.com/HICServlet?cmd_GetMortgageRates=&accept-language=en-us
If you can get a commitment from them, I’m pretty sure you can walk away from your current lender. But most banks allow you to renegotiate your locked rate if rates move more than .375 lower than the rate you locked in at.
wraparound: it’s the long strings of uninterrupted characters that is resulting in Firefox expanding the width of the page instead of wrapping text to a new line. This happens when a user posts a long url or writes something like “aaaaaargh” (with alot more “a”‘s).
As a courtesy to other forum readers, it’s not uncommon for posters to make use of the free services offered by http://www.tinyurl.com. They have an online utility that will translate a long url to a tiny one.
i think if this is a primary home, a married couple has a $500k tax-deferred limit. if this is an investment property, a 1031 exchange allows you to sell one and buy another w/o paying taxes.
Can someone give me an simple explanation of Capital Gains tax in real estate?
If I bought for $800,000 and sell for $1,600,000 but put the profit into another piece of real estate, do I pay the tax?
We are completely ill-equipped to address the wrap-around issue, but will forward to our extremely-part-time tech guy posthaste.
I have had the wraparound issue numerous times (using Firefox and Safari) but it is unpredictable.