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Old 12-09-2008, 06:47 AM   #23
Thinks s/he gets paid by the post
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Join Date: Jun 2006
Location: Dublin, Ohio
Posts: 2,448
Quote:
Originally Posted by wrigley View Post
My primary residence mortgage is currently held by Chase. 30 year fixed @ 5.875%. I have about 14 years left to pay. I am also a member of NFCU, as well as USAA, and Pen Fed CU. I truly believe the interest rates are going to come down significantly more than they are now. I'm looking for something around 3-3.5% on a 15 year fixed SOON!

Mike
Kind of off-topic but I fully expect my HELOC with PENFED to drop to eiither 3.5 or 3.0% on 12/16/08 (currently 4.5%). It is interest only and the funds to pay it off, if so inclined or rate goes up quickly, are earning 6.25% at same CU.
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