Holy mother fffff…ederal funds rate, we locked our mortgage at 7.999 percent. Our monthly payment, just principal and interest, is $4,870. With taxes, insurance and HOA, it could exceed $6,500. I should note we’re getting about a $23K credit from the builder and realtor toward closing costs, which include a 1-0 buydown. The rate will be only 6.999 percent the first year, and my optimistic expectation is to refinance by early 2025.
A Scary Month for Fitzjerry
A Scary Month for Fitzjerry
A Scary Month for Fitzjerry
Holy mother fffff…ederal funds rate, we locked our mortgage at 7.999 percent. Our monthly payment, just principal and interest, is $4,870. With taxes, insurance and HOA, it could exceed $6,500. I should note we’re getting about a $23K credit from the builder and realtor toward closing costs, which include a 1-0 buydown. The rate will be only 6.999 percent the first year, and my optimistic expectation is to refinance by early 2025.