|
08-02-2024, 04:30 PM | #14086 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $1171110
|
Fed is ALWAYS wrong.
__________________
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
Posts: 52,239
|
1 0 |
08-02-2024, 04:30 PM | #14087 |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
Casino cash: $688244
|
The **** would you go with a variable rate loan 4 years ago?
How low did they think it would get? |
Posts: 35,258
|
3 0 |
08-02-2024, 04:31 PM | #14088 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $1718491
VARSITY
|
Quote:
When I bought my house, I got a fixed rate that was over 7 percent. Rates kept going down and I kept refinancing. I think I was paying at or under 3 percent when I finally paid the house off. Maybe I should have done ARMs for 20 years. But I didn't know that we would have 20 years of declines. At some point I got a HELOC at some ridiculously low rate, and that's what I used for my last big rehab project on the house (redoing the kitchen, adding a deck, finishing off the third floor, etc.) I think it might have been under 2 percent, so I paid off the main mortgage before I paid that one off. At some point the lender stopped offering it, and that was a sad day.
__________________
Active fan of the greatest team in NFL history. |
|
Posts: 142,749
|
08-02-2024, 04:34 PM | #14089 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $130477
|
My LOC I use on my Rental properties is at 8.75% also. It has to renew every year so I get the bullet. They were going to put it at 10.5% this last renewal and I called the President of the bank and said LOOK. I've been with you since 1998, never been late on a payment, had over 30 mortgages , would you at least drop it to my current rate on my rentals at 8.75%, and he said he'd talk to loan committee. They called back an hour later and said that would work. WooHoo , excited about an 8.75% loan victory. LOL
And what's funny is that the loan officer that's been there 20 years said she had no idea they were even negotiable. Dumb bitch! |
Posts: 40,804
|
08-02-2024, 04:36 PM | #14090 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $1718491
VARSITY
|
Quote:
I had no idea rates were that high.
__________________
Active fan of the greatest team in NFL history. |
|
Posts: 142,749
|
08-02-2024, 04:37 PM | #14091 |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
Casino cash: $688244
|
30 years were in the 3’s 4 years ago
If you took an ARM in 2020 then you deserve it |
Posts: 35,258
|
2 0 |
08-02-2024, 04:38 PM | #14092 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $714734
|
Quote:
|
|
Posts: 57,742
|
08-02-2024, 04:40 PM | #14093 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $331900
|
No shit. That's just being dumb. We were at historic lows for YEARS.
__________________
2024 Royals game thread record 3-0 |
Posts: 46,088
|
08-02-2024, 04:49 PM | #14094 |
(Sir/Yes Sir/Aye Aye Sir)
Join Date: Oct 2009
Location: Diving
Casino cash: $2435380
|
__________________
. #J24 #Kameltoe Is A Joke Of A VPOTUS and POTUS Candidate #President Trump loves and supports the constitution #McCarthy is a Sellout and Traitor to America #TheFBLieIsCorrupt #DefundTheFBI #The FBI Is Not The Police #PresidentBidenIsMoronic #LizCheneyGotTheBoot #FJB #80,000,000 Mules (and a few Americans too) Voted For COVID To Continue #I still don't have COVID |
Posts: 118,629
|
08-02-2024, 05:25 PM | #14095 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $130477
|
|
Posts: 40,804
|
1 0 |
08-02-2024, 05:36 PM | #14096 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $130477
|
Taking an ARM at the time gave me the best interest rate 10 years ago. I'm almost out from under my mortgages completely so timing worked out OK. I got 15 year Mortgages with 5 year ARM's and have paid ahead on everything. 12 more months and I'm debt free. I'm selling a couple properties and will dump about 150K into high yield dividend funds and pull 50% of those divi's to finish paying off my existing debt.
|
Posts: 40,804
|
08-02-2024, 05:37 PM | #14097 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $1718491
VARSITY
|
Quote:
__________________
Active fan of the greatest team in NFL history. |
|
Posts: 142,749
|
08-02-2024, 05:41 PM | #14098 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $130477
|
|
Posts: 40,804
|
08-02-2024, 05:56 PM | #14099 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $1718491
VARSITY
|
That's all I needed to hear to have a good weekend.
__________________
Active fan of the greatest team in NFL history. |
Posts: 142,749
|
1 0 |
08-02-2024, 07:59 PM | #14100 | ||
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $714734
|
Quote:
Quote:
|
||
Posts: 57,742
|
|
|