NACA interest rates higher than traditonal

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Viewing 10 posts - 46 through 55 (of 55 total)
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  • #66152
    newhomedream
    Participant

    @vrundmc Thanks so much. I am hoping my MC will confirm so we can move forward.

    #66153
    Alex
    Participant

    That’s great news!

    #66154
    newhomedream
    Participant

    The rate is back down to 3.625. It is my understanding that Mr. Marks approved the adjustment. I don’t think it is going to go back down to 3.125 today. Maybe by end of week. BOA has their rate as 3.750 for today.

    #66155
    newhomedream
    Participant

    Ignore that last post. Information isnt confirmed yet. Sorry about that.

    #66156
    vrundmc
    Participant

    @newhomedream you can edit your post and remove it. The BOA rate is now at 3.875% so NACA will lower.

    • This reply was modified 6 months, 3 weeks ago by vrundmc.
    #66158
    newhomedream
    Participant

    @vrundmc for some reason, its not letting me edit. I tried to do that before. πŸ™

    #66160
    vrundmc
    Participant

    NACA rate finally dropped. Now it’s below BOA by .25%. I wonder if they fixed it. Still not the greatest news…

    BTW – rates might go up because lenders are having a hard time with the surge of activity due to low rates so they are artificially inflating them. YMMV.

    #66161
    frankysmom
    Member

    Wow, did not expect such a jump. This puts our search on hold until who knows when.

    #66180
    kjenkins79
    Participant

    Rate is slowly going back down. Showing 3.375 as of this am

    #66183
    foxleo
    Participant

    I need it to go down. It makes such a big difference in my property! I don’t want to have to restart my search because this is fluctuating so erratically

Viewing 10 posts - 46 through 55 (of 55 total)
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