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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Oak Tree who wrote (11286)6/18/2003 11:36:26 PM
From: yard_manRespond to of 306849
 
I didn't mean to pry about personal info -- I was just complaining about the logic -- I owe less and as a result get a higher rate.

wow! a state tax on mortgages. Sheesh!!

But very nice to go from a rate of 7 -> 4.5 -- won't take you long to recoup closing costs then.



To: Oak Tree who wrote (11286)6/19/2003 11:27:28 AM
From: Mr. SunshineRespond to of 306849
 
Guess you answered my previous post! I should have read ahead. In general, be careful about people bragging about getting the lowest interest rates... often the lowest rates come with some catches that may cost a lot in the long run!

In your case, a no point 15 year @ 4.5% is very good. I never heard of a mortgage tax, that is a new one for me.



To: Oak Tree who wrote (11286)6/19/2003 7:25:54 PM
From: Skeeter BugRespond to of 306849
 
goodness gracious, a ny mortgage tax? UGGGGH!