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www.eInvesting.com Forum Index » Real Estate Investing

Interest rate for residential mortgage


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paula0000
PostPosted: Sun Mar 20, 2005 2:23 pm Post subject: Interest rate for residential mortgage Reply with quote

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What is the best interest rate you've ever gotten on your residential mortgage and over how long?
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Do5
PostPosted: Fri May 04, 2007 10:48 am Post subject: Reply with quote

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Are you asking just to see how the market was at a certain time period.

or are you trying to compare with rates that a current?

I remember my parents in the 80's being happy to get a 16% rate when some were getting rates in the 20%'s

but someone that purchased or refied 3-4 years ago, may have a 4-5% 30 fixed.
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Francis
PostPosted: Fri Jul 02, 2010 9:07 am Post subject: Reply with quote

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Gaining on best assets! 236% gainers

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Joshua13and1
PostPosted: Mon Jul 26, 2010 5:33 pm Post subject: Reply with quote

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I had a 4 and 3/4 percent 30 Year loan I got in 2003. Just paid it off in 7 years. I paid points to buy down the rate.
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Joshua13and1
PostPosted: Fri Jul 30, 2010 12:35 pm Post subject: Reply with quote

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Rates are low now.
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SaraCEO
PostPosted: Fri Aug 13, 2010 4:00 am Post subject: Reply with quote

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When i start it was a boom in real estate and i earned 200% profit. But now a days i getting 20 to 30%.

I would like to know what others are earning?
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anne.jaa31
PostPosted: Mon Sep 06, 2010 7:40 pm Post subject: Reply with quote

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In a residential mortgage, a home buyer pledges his house to the bank. The bank has a right to the house in case of default home buyer to pay the mortgage. In the case of foreclosure, the bank can evict tenants of the house and sell the house, using the product to clear the mortgage debt.
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arjlyn06
PostPosted: Mon Oct 04, 2010 8:50 pm Post subject: Reply with quote

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I think nowadays, the prices of buying houses are continually falling.
Lower interests intend to short term rate of mortgage, but higher interest
is based on longer term rates. You can do the math on this!


by:
Dallas real estate
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