What are some of the more interesting, competitive or creative mortgage interest rate structures you are seeing in your market these days?

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Olga Simoncelli, CONSULTANT, Real Estate Services & Risk Management (Veritas Prime, LLC dba Veritas Prime Real Estate)

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Rainer
367,898

Caroline Gerardo

Licensed in 20 states - Newport Beach, CA

C. G. Barbeau the Loan Lady nmls 324982

Up to 5 million one year after BK or foreclosure, rate is high but not hard money.

Some investors coming back with alt doc

Rates did jump before Janet Yellen spoke about 2 weeks ago

Nov 23, 2015 08:02 AM

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Olga Simoncelli

New Fairfield, CT

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Bob Crane

Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI

Forestland Experts! 715-204-9671

Have not noticed anything that would be that creative.

Feb 15, 2019 10:07 PM

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Rainmaker
175,514

Spirit Messingham

Tierra Antigua Realty - Tucson, AZ

Third Generation Full-Time Realtor® 520 471-6900

I dont see a lot of varation.

Nov 24, 2015 04:12 AM

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Rainer
181,415

Harjeet Bhatti

FITH THIRD BANK - Chicago, IL

Home Mortgage Consultant 25 States

Good Morning Olga

The rates are increasing day by day but system is running smoothly. The rates won't affect the mortgage industry.

Nov 23, 2015 11:34 PM

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Rainmaker
4,433,865

Gita Bantwal

RE/MAX Centre Realtors - Warwick, PA

REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I do not expect mortgage rates to be affected much.

Nov 23, 2015 09:12 PM

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Rainmaker
4,784,759

Wayne Martin

Wayne M Martin - Chicago, IL

Real Estate Broker - Retired

The fear of a rate hike is way over the top. As long as interest rates are under 8 percent, I see no effect on the market. We can breathe easy for a long time to come!

Nov 23, 2015 08:18 PM

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Rainmaker
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Joe Petrowsky

Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT

Your Mortgage Consultant for Life

Good morning Olga. Even if the Fed hikes rates, it will have very little effect on mortgage rates, it's already built in.

Nov 23, 2015 06:12 PM

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Rainmaker
2,759,687

TeamCHI - Complete Home Inspections, Inc.

Complete Home Inspections, Inc. - Brentwood, TN

Home Inspectons - Nashville, TN area - 615.661.029

Good Tuesday morning Olga. I would expect to see the rates go up in the next few months. If they don't, it would surprise me.

Nov 23, 2015 05:12 PM

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John Pusa

Berkshire Hathaway Home Services Crest - Glendale, CA

Your All Time Realtor With Exceptional Service

Olga, most likely rate hikes will occur in the next a few months.

Nov 23, 2015 12:16 PM

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Debbie Reynolds, C21 Platinum Properties

Platinum Properties- (931)771-9070 - Clarksville, TN

The Dedicated Clarksville TN Realtor-(931)320-6730

They have inched upwards so I am suspecting that if they go up they will not move much.

Nov 23, 2015 11:28 AM

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Rainer
91,855

Val Evans

Scottsdale, AZ

According to my sources, there will be no rate hikes until after the elections are over. They will keep coming up with excuse after excuse not to raise the rates, as they don't want to make Obama look bad in case the financial markets should crash.

Nov 23, 2015 10:31 AM

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Rainmaker
2,224,267

Debbie Laity

Cedaredge Land Company - Cedaredge, CO

Your Real Estate Resource for Delta County, CO

I'm not seeing anything out of the ordinary.

Nov 23, 2015 10:18 AM

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7,302,014

Roy Kelley

Retired - Gaithersburg, MD

With the very low mortgage interest rates, there is little need to be creative. Smart mortgage borrowers are taking action now.

Nov 23, 2015 09:26 AM

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1,204,249

Sam Shueh

(408) 425-1601 - San Jose, CA

mba, cdpe, reopro, pe

No loan docs conventional mortgage.

50% down. Loan if 1/8th % higher than >20% down competitive convention up to Superjumbo(1.5M)

Default rate is 0.7% including delinquest mortgage during the Great Recession. Now is like close to 0%.

Nov 23, 2015 09:24 AM

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Up to 5 million one year after BK or foreclosure, rate is high but not hard money.

Some investors coming back with alt doc

Rates did jump before Janet Yellen spoke about 2 weeks ago
Good Morning Olga

The rates are increasing day by day but system is running smoothly. The rates won't affect the mortgage industry.
The fear of a rate hike is way over the top. As long as interest rates are under 8 percent, I see no effect on the market. We can breathe easy for a long time to come!
Good morning Olga. Even if the Fed hikes rates, it will have very little effect on mortgage rates, it's already built in.
Good Tuesday morning Olga. I would expect to see the rates go up in the next few months. If they don't, it would surprise me.
Olga, most likely rate hikes will occur in the next a few months.
They have inched upwards so I am suspecting that if they go up they will not move much.
According to my sources, there will be no rate hikes until after the elections are over. They will keep coming up with excuse after excuse not to raise the rates, as they don't want to make Obama look bad in case the financial markets should crash.
With the very low mortgage interest rates, there is little need to be creative. Smart mortgage borrowers are taking action now.
No loan docs conventional mortgage.

50% down. Loan if 1/8th % higher than >20% down competitive convention up to Superjumbo(1.5M)

Default rate is 0.7% including delinquest mortgage during the Great Recession. Now is like close to 0%.