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      03-03-2020, 09:59 AM   #149
Joekerr
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Drives: 2017 Audi S6
Join Date: Jan 2008
Location: Toronto, ON

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Quote:
Originally Posted by roastbeef View Post
i just got a rough quote for my primary residence for a refi at 3.1%, i'm even having my dude run my rentals. this panic is great! win in the ups, and win in the downs.
Quote:
Originally Posted by hooligan_COLD View Post
Yep, ~3% APRs for 30-yr fixed does NOT shout "greatest economy ever!".

Lock in now, they really can't go much lower.
Quote:
Originally Posted by corn18 View Post
Huh? The 3.125%, 30 year fixed is conforming @ about 27% down.
So help a non american out - does that mean you can lock in 3.125% for 30 years? Or is it just that the amortization term is over 30 years, but the rate is good for say...5 years, depending on term selected.

Up here, I just renewed in September 2019 at 2.69% for a 5 year fixed, so I was pretty happy with that. Took some negotiating and knowing people, but I'm happy with the rate because everyone else was only offering me 2.79-2.89% as their bottom.
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