|
Thanks, it makes $en$e.
"Jeff Strickland" <crwlr@yahoo.com> wrote in message
news:KOednRTIv4MpqMDZnZ2dnUVZ_vydnZ2d@ez2.net...
> Sure. It carries a 2-point premium. The buyer pays points for a reduced
> interest rate. IF, and that's a very large if, the buyer keeps the loan
> for the full 30 years, this can pay huge over the life of the loan. But,
> if the buyer is prone to doing refi's to draw out equity, then he stands
> to lose unless he figures out where the break-even point is, and stalls
> his refi until it comes along.
>
>
> PS
> I pulled 2 points out of my ass, the buyer pays a premium (points) to get
> a lower rate, I do not know how many points it would take to get a 5.5%
> rate, but paying points is how it would be done.
>
>
>
>
> "Regal53" <ramon_galvis@bellsouth.net> wrote in message
> news:TVP6g.60918$Jk3.27925@bignews5.bellsouth.net...
>> Saw a sign today on top of a Mercedes Homes model home: "5.5% fixed
>> 30-year financing". Does anyone know the details? South FL area.
>> "Regal53" <ramon_galvis@bellsouth.net> wrote in message
>> news:X376g.27753$iB2.17755@bignews4.bellsouth.net...
>>> Does anybaody participate in this NG anymore or is my OE excluding new
>>> posts?
>>>
>>
>>
>
|
|
Re: Dead NG?
