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Old 07-14-2007, 12:09 PM   #21
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Like CFB 0.0% and my "bond" has increased in value 50 % in 2 years. Hint waterfront property.
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Old 07-14-2007, 01:39 PM   #22
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Primary residence 5.75% 30yr fixed VA loan. 28.5 years left.

1st Inv. Prop.- 5.75% 30yr fixed conventional (AWESOME DEAL)

2nd Inv. Prop.- 6.25% 30yr fixed conventional
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Old 07-14-2007, 02:30 PM   #23
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5.5% 30yr fixed
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Old 07-14-2007, 03:36 PM   #24
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Primary Residence: no mortgage
Vacation Residence: no mortgage
Rental Property: 5.25% fixed, 25 year term
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Old 07-14-2007, 03:48 PM   #25
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5.25% 15 year fixed

5.75% 15 year fixed

5.875 30 year fixed won't be paid until I'm in my early 80's The mortgage is approx 40% of rent and I project it will only be 18% of rent at payoff

Was 9% 15 year fixed Paid off in 1993. Throwing off $50K per year. Should refi and turn into 1-3 more investment properties.

6.375 30 year fixed
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Old 07-14-2007, 05:06 PM   #26
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Hmm... I'll bite. Sounds like you took out the mortgage 2 years ago (2005). Where did you find 2.6% rate for 30 year fixed What's the secret?
I live in Japan.
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Old 07-14-2007, 05:12 PM   #27
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OK, thanks. What are the inflation rates there for the last two years?
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Old 07-14-2007, 05:26 PM   #28
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In 2003 we paid off our 7% fixed mortgage with a HELOC. By 2006 our variable rate rose from 3.5% to 7% and we only had $15,000 left on it. I paid it off with a charge card, 2.99% for 1 year and then it dropped to 1.99% until it's paid off. While I hate the idea of it on a charge card, the rate drop made it worth it. We still think of it as "the mortgage".
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Old 07-14-2007, 05:31 PM   #29
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5.75% on 20 yr fixed. 16 yrs to go very likely I will pay off early.
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Old 07-14-2007, 05:39 PM   #30
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OK, thanks. What are the inflation rates there for the last two years?
2005: -0.3%
2006: 0.3%

(2004 was 0%)
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Old 07-14-2007, 05:41 PM   #31
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No kidding! Wow. Thanks again.
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Old 07-14-2007, 05:43 PM   #32
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Psst..now ask what the interest rates are for money market and cd's...

Actually as has been shown...deflation is possibly a larger problem in Japan than inflation.

I think i'd take inflation.
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Old 07-14-2007, 05:54 PM   #33
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5.25% 15 year. We had a down payment of 40% when we bought the house. We are accelerating payoff. About 7 years till payoff at the current payment level. We owe about 30% of the current market value.

We will downsize. I will payoff when we ER in 4 years.
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Old 07-14-2007, 05:56 PM   #34
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Mortgage? We don't need no stinkin' mortgage.

Sorry, couldn't resist.

CJ
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Old 07-14-2007, 06:10 PM   #35
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6% 15 year fixed. 4 years left.

Mortgage balance is about 10% of property value
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Old 07-14-2007, 07:16 PM   #36
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4.125% fixed 5 year balloon on the house I'm selling next year. Unfortunately the payment comes up in May, and I don't want to sell until summer, so I'm preparing to come up with the balance (~100K) before selling, and then I'll reinvest after selling.

No mortgage on the planned permanent house.
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Old 07-14-2007, 07:18 PM   #37
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6.375% 30-year fixed, first payment 10/1/02. Paid it off after four years. Total P&I spent: 110% of purchase price.
Total interest Chase Mortgage won't get: 89% of purchase price.
End of story.

Living rent free, mortgage free. ("Born freeeee - - as free as the wind blows....") Oh well. Sorry to be corny. I REALLY like not paying for a place to live, anyway, other than tax and insurance.
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Old 07-14-2007, 07:37 PM   #38
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5.375 % 30 year fixed, 24years to go - It will be paid off early

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Old 07-14-2007, 08:34 PM   #39
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4.99% with 11 years to go.
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Old 07-14-2007, 08:40 PM   #40
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mortgage rate history :

13.75%
10%
8%
5.75%
and out...
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