 |
|
|
ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
is an accommodation and real estate directory, where real estate property owners or real estate agencies connect with vacationers and home buyers worldwide. If you are a seller, you can add listings in few seconds, and if you are a buyer you can search listings to find your dream property!
|
Nesgroup address: misc.consumers.house - Date & Time for the message: Fri, 3 Jun 2005 19:44:30 +0000 (UTC)
/ Author of the message: Dan |
Title of the message: |
Re: Mortgage Rate Cap Programs
|
Text of the message: |
halojamie@gmail.com wrote: > I have a question. My mortgage company is offering me a protection > program. They will lock my rate to go no higher than .75% than what it > is now (5.75%), so if the rates go down, I get the lower rate, but if > the rates go higher, I would have to pay no more than 6.50%. This > would lock me for 9 months (I need 7 months). The mortgage company is > charging me 1% of my loan, so this is over $2,000 for me. > > Is this a good idea to do? I'm thinking it is a lot like insurance, > where it is better safe than sorry, but $2,000+ is a lot of money if > the rates don't move higher.... I don't have any hard facts for you, but I did look into something like this a couple of years ago. My vague recollection is that 1% ought to be able to buy you a solid lock at the current rate (no upfloat) for a year. But since you are getting a float-down option, |
<Rentals>
<House Exchanging>
<Frequently Asked Questions>
<Add Article>
<Help>
<Terms & Conditions>
<Guestbook>
<Prices>
<Tips on writing your listing>
<Real Estate Forums>
<News>
<Press Room>
<Success Stories>
<Estaplace.com History>
<Webmaster's Tools>
<Copyright>
<About Our Team>
<Search Real Estate Agents>
<E-Mail Us>
|
[ USA -> CHICAGO - 08/May/2025 16:20:50 ]
We have 24806 properties listed. Yesterday traffic on Estaplace Real Estate was: 8567
unique visitors with 341091 page views. To view more statistics about
Estaplace Real Estate, click here.
|
Estaplace.com is a worldwide and international real estate directory, with thousands
of real estate listings, divided into countries and regions. All material, the structure, and the layout on this site
are © Copyright of Estaplace.com by Ceglia Giovanni located in Trento N. 74 Pal. I Street in Pagani(Salerno) - Italy.
Italian Business Code: Partita IVA N. IT03972320653, registered in the "Camera di Commercio" of Salerno.
Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.
Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.