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To: Hydroshock
30yr fixed at 5.75%...no points or closing costs.

How do I get one of THOSE loans?

12 posted on 08/23/2007 9:14:06 AM PDT by Mariner
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To: Mariner

I just don’t get it. I have fixed 15 yr mortgage from early 2004 at 4.9%. Historically, very low. I was offered an ARM at about 3.0% (I don’t remember exactly. Historically, even lower! But it was very clear all along - it can/will be adjusted after 2 years. How much more obvious can the risk be?????


13 posted on 08/23/2007 9:19:20 AM PDT by PGR88
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To: Mariner

Join the military, get a VA loan.


14 posted on 08/23/2007 9:20:38 AM PDT by Hydroshock ("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
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To: Mariner
30yr fixed at 5.75%...no points or closing costs. How do I get one of THOSE loans?

Get a time machine and go back a couple of years. Or wait long enough and it will come 'round again.

23 posted on 08/23/2007 9:47:47 AM PDT by JimRed ("Hey, hey, Teddy K., how many girls did you drown today?" TERM LIMITS, NOW!)
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