http://www.mortgagenewsdaily.com/forums/36.aspxFind mortgage related information, mortgage help and get answers to your mortgage related questions.enCommunityServer 2008 SP2 (Build: 31106.96)http://www.mortgagenewsdaily.com/forums/thread/43098.aspxMon, 12 Jan 2009 15:41:45 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:43098Clem Borkowski0http://www.mortgagenewsdaily.com/forums/thread/43098.aspxhttp://www.mortgagenewsdaily.com/forums/commentrss.aspx?SectionID=36&PostID=43098You really do have to run the numbers and look at the break even point. Like Kent mentioned the amount of time you're going to stay in the property...http://www.mortgagenewsdaily.com/forums/thread/43065.aspxMon, 12 Jan 2009 13:02:09 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:43065Kent Mikkola0http://www.mortgagenewsdaily.com/forums/thread/43065.aspxhttp://www.mortgagenewsdaily.com/forums/commentrss.aspx?SectionID=36&PostID=43065The 1% "rule" is a generalization. On larger loan amounts, the benefit can be found with less of a drop because many of the costs are not dependant...http://www.mortgagenewsdaily.com/forums/thread/43011.aspxMon, 12 Jan 2009 02:32:45 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:43011C R0http://www.mortgagenewsdaily.com/forums/thread/43011.aspxhttp://www.mortgagenewsdaily.com/forums/commentrss.aspx?SectionID=36&PostID=43011Thanks to everyone that replied. We live in Laurel, MD 20707 if that helps with the jumbo conforming market. Our lender said we could close with little...http://www.mortgagenewsdaily.com/forums/thread/42984.aspxMon, 12 Jan 2009 00:21:18 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:42984Clem Borkowski0http://www.mortgagenewsdaily.com/forums/thread/42984.aspxhttp://www.mortgagenewsdaily.com/forums/commentrss.aspx?SectionID=36&PostID=42984Actually if any of us knew what rates were going to do over the next 6 months we wouldn't get rich because we don't have enough money to really...http://www.mortgagenewsdaily.com/forums/thread/42940.aspxSun, 11 Jan 2009 06:09:47 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:42940Dean Gorenflo0http://www.mortgagenewsdaily.com/forums/thread/42940.aspxhttp://www.mortgagenewsdaily.com/forums/commentrss.aspx?SectionID=36&PostID=42940Hey C R Most "rate" information on the web is very stale. Meaning that the rate has already changed by the time the lender has posted their rate...http://www.mortgagenewsdaily.com/forums/thread/42936.aspxSun, 11 Jan 2009 05:15:59 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:42936Clem Borkowski0http://www.mortgagenewsdaily.com/forums/thread/42936.aspxhttp://www.mortgagenewsdaily.com/forums/commentrss.aspx?SectionID=36&PostID=42936If you live in a jumbo conforming market (meaning you can also get jumbo conventional loans through fannie mae and freddie mac) then getting the current...http://www.mortgagenewsdaily.com/forums/thread/42930.aspxSun, 11 Jan 2009 03:22:20 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:42930C R0http://www.mortgagenewsdaily.com/forums/thread/42930.aspxhttp://www.mortgagenewsdaily.com/forums/commentrss.aspx?SectionID=36&PostID=42930Hi - closed on a VA loan on 12/2/08 at approx $428K at 6%. Our lender is telling us we may be looking at a 5.5% IRRL next week with little to no closing...