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The Water Cooler
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Interest Rates Are Still Low...
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<blockquote data-quote="Fredkrueger100" data-source="post: 3665843" data-attributes="member: 24577"><p>I refinanced my home with rocket mortgage with a conventional loan last year around this time and my rate is 2.9%. It was 3.5% before with loan depot. I have to do a 30 year though as I don’t have the funds to afford the 15. I also switched my homeowners insurance to State Farm from Safeco. My payment has went down about $400 a month! My payment is $1189 now! There are some rent homes out here in between Shawnee and Earlsboro that are $1000-$1300! I can’t imagine throwing that kind of money down the toilet. Rental properties in Oklahoma are ridiculous. I see dumps all around that are $700+ a month. I wish I could have gotten a bunch of rental properties.</p></blockquote><p></p>
[QUOTE="Fredkrueger100, post: 3665843, member: 24577"] I refinanced my home with rocket mortgage with a conventional loan last year around this time and my rate is 2.9%. It was 3.5% before with loan depot. I have to do a 30 year though as I don’t have the funds to afford the 15. I also switched my homeowners insurance to State Farm from Safeco. My payment has went down about $400 a month! My payment is $1189 now! There are some rent homes out here in between Shawnee and Earlsboro that are $1000-$1300! I can’t imagine throwing that kind of money down the toilet. Rental properties in Oklahoma are ridiculous. I see dumps all around that are $700+ a month. I wish I could have gotten a bunch of rental properties. [/QUOTE]
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