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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
A place to talk about investing stuff.
Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 03-15-2020, 04:16 PM   #4021
Discuss Thrower Discuss Thrower is offline
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So this is bad right?
It's better than nothing.
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Old 03-15-2020, 04:17 PM   #4022
KCUnited KCUnited is online now
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Of course I just came through underwriting on a new mortgage.
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Old 03-15-2020, 04:18 PM   #4023
Discuss Thrower Discuss Thrower is offline
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What exactly does this mean?
The Fed is helping foreign central banks with liquidity.
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Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT
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Old 03-15-2020, 04:18 PM   #4024
eDave eDave is offline
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BTC pump and dumped right on queue. Back to price of an hour ago. LOL

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Old 03-15-2020, 04:18 PM   #4025
O.city O.city is online now
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Quote:
Originally Posted by Discuss Thrower View Post
The Fed is helping foreign central banks with liquidity.
So pumping more money into the market to keep it afloat?
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Old 03-15-2020, 04:23 PM   #4026
Discuss Thrower Discuss Thrower is offline
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So pumping more money into the market to keep it afloat?
No idea with what the other central banks will do but it's basically in line with the thinking in the $1,500,000,000,000 repo agreements the Fed made with the large banks here: to ensure credit markets don't freeze up.

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Chiefs 2016 Opponents:
Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT
Chiefs 2017 Opponents:
Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South
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Old 03-15-2020, 04:46 PM   #4027
RunKC RunKC is online now
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Does this mean mortgage rates are going down again?
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Old 03-15-2020, 04:50 PM   #4028
Gravedigger Gravedigger is offline
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Wife and I have been waiting to do a re-finance loan, wonder if this will give us a better shot for a better rate. Don't know if they're connected at all, not a finance guy really, but we've wanted to pull that trigger for the past half year or so to take care of some CC debt. I'm not a finance guy outside of the basics and calculations.
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Old 03-15-2020, 04:52 PM   #4029
Discuss Thrower Discuss Thrower is offline
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Quote:
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Wife and I have been waiting to do a re-finance loan, wonder if this will give us a better shot for a better rate. Don't know if they're connected at all, not a finance guy really, but we've wanted to pull that trigger for the past half year or so to take care of some CC debt. I'm not a finance guy outside of the basics and calculations.
If your original loan is close to whatever lenders are quoting now and you plan to move on from wherever your living now soon then it's probably not worth it.
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Old 03-15-2020, 04:57 PM   #4030
ChiefRocka ChiefRocka is offline
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Old 03-15-2020, 04:59 PM   #4031
O.city O.city is online now
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We refinanced earlier this week at 3.15

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Old 03-15-2020, 05:03 PM   #4032
Hog's Gone Fishin Hog's Gone Fishin is offline
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This is timing good for me as I'm closing on two properties the same day 3/24. But I'm sure the lowest my bank is going to go is 5% just because they're commercial loans.
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Old 03-15-2020, 05:09 PM   #4033
RunKC RunKC is online now
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We refinanced earlier this week at 3.15

Plan on being here for the rest of my days
We locked in at 3.375 about 2 weeks ago on a house being closed on May 6th. I’m calling first thing tomorrow to see if the rates are lower and if I can have it redone.
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Old 03-15-2020, 05:14 PM   #4034
Discuss Thrower Discuss Thrower is offline
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Missed the part where the Fed bought up $200MM in Fannie/Freddie/Gennie mortgages. That's concerning.
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Chiefs 2016 Opponents:
Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT
Chiefs 2017 Opponents:
Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South
Posts: 45,207
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Old 03-15-2020, 05:14 PM   #4035
KCUnited KCUnited is online now
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We locked in at 3.375 about 2 weeks ago on a house being closed on May 6th. I’m calling first thing tomorrow to see if the rates are lower and if I can have it redone.
Same except I close in 15 days.
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