Post your mortgage interest rate

[thefed]

I am curious what everyone's mortgages look like. No smart comments from those who are mortgage free please




Mine is 5.5 fixed, 15 yr mortgage, 10 left

 

[Gumby]

5.0 fixed. 15 year. About 8 left (I was prepaying for a while)

 

[Nords]

5.375% fixed with 28 years left on a 30-year mortgage.

No smart comments from those who are mortgage free please

It'll be paid off a few months before my 75th birthday...

 

[maddythebeagle]

5.85% 15 year...will have paid off in 9 years but probably will pay off closer to the end...

 

[SecondCor521]

5.75% fixed 30 year, 29.5 years left.

2Cor521

 

[Sam]

4%, 5 years adjustable. Expires May 2008. If the rate goes up too much, I'll just pay it off. Then, I'll brag.

 

[cute fuzzy bunny]

0%, lifetime term. No adjustments.

 

[Peaceful_Warrior]

4% 3/1 ARM expires Aug. 2008. Max increase is 2% per year with a cap of 10%.

Though that's on our old home where we used to live which has been converted into a rental until the housing market improves in that area.

Chances are our new one will be closer to 6.75-7% on the 1st and about 9% on the 2nd (since we'll be doing a $0 down while our equity is tied up in the first property).

Anybody want to loan 50k or more at 7% or lower?

 

[Achiever51]

0%, lifetime term. No adjustments.

Huh? Can you please explain this?

BTW, ours is 5.375%, 15 yr fixed.

 

[LOL!]

4.875% fixed, 15 year, 12.5 years left.

 

[bssc]

5.125 15 year paid off in November

 

[SecondCor521]

Huh? Can you please explain this?

I bet CFB means it's paid off.

2Cor521

 

[bpp3]

2.6% 30-year fixed, with 28 years left.
(1.6% after tax credits, for several more years.)

"Yeah yeah, we know, you can shut up now."

 

[justin]

4.75% till 7/2008 ARM. adjustments every 2 yrs up to 1%. Rate = 1 yr CMT + 2.5%. 30 year loan with 20 yrs left. I may just pay it off if the rate gets too high.

 

[Sam]

2.6% 30-year fixed, with 28 years left.
(1.6% after tax credits, for several more years.)

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?

 

[saluki9]

5.75% fixed 30 year, 29.5 years left.

2Cor521

Exact same as mine

 

[tightasadrum]

6.5%, 30-year. Until May this year, I had no mortgage on the homeplace. But then the rental commercial loan came due on the apartment complex. Facing 9.5-10% commercial loan, I did a no closing cost mortgage on my house and paid off the apartment loan. Rent will more than cover the new note. When paltry pension kicks in in about four years, I'll probably start paying it off, maybe sooner. It's a little unsettling to me to have a mortgage on my house.

drum

 

[cute fuzzy bunny]

I bet CFB means it's paid off.

Ding! Ding! Ding!

I've secured a lifetime return of 5-7% on a half million dollars. Thats my "bond holdings"

 

[Cattusbabe]

5.49% 15 year fixed. Will be paid off in 7 years.

 

[martyb]

6.5% on a 30 yr fixed conventional. Should maybe have re-financed to a lower rate, but now that we're fixin' to sell, it would be a waste.

 

[USK Coastie]

Like CFB 0.0% and my "bond" has increased in value 50 % in 2 years. Hint waterfront property.

 

[xmanz3]

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

 

[HFWR]

5.5% 30yr fixed

 

[Meadbh]

Primary Residence: no mortgage
Vacation Residence: no mortgage
Rental Property: 5.25% fixed, 25 year term

 

[honobob]

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