Quote:
Originally Posted by yameen
Hi everyone! I've been gone for awhile. I'm so out of the loop when it comes to mortgage rates now even though I know we've been getting constant rate hikes!
My mortgage is up for renewal next month and I'm wondering what rates everyone has been getting lately and if there's any tips to get a better rate for the next renewal.
I also hear there's a rate hike tomorrow?? My current rate is 3.05% 5 yr fixed. I'm assuming it's around 4.5-5% now?
Thanks in advance!
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You are a little hooped right now. We just refinanced right around the last hike and got just over 5% for 3 years. You would be looking at around 5.6-6% today depending on your mortgage amount, property worth, and term. With the rate hike tmr, probably 6% and up. When you said you are up for renewal next month do you mean you are due, or you can renew early?