I have been offered 30 year fixed at 4 3/8. amt of mortgage is 400,000 and we are putting 20% down. Our credit score is 804. Do you think I should ask for 4 1/8? We will have .650 origionation fee.

We could offer you 4.375% with a ZERO % origination fee. If you want to buy down to 4.125%, the cost would be 1.5% ofthe loan amount. Buying down the rate is only a wise move if you know you will be in the house for at least the next 5-7 years. If you want to talk about this further, feel free to give me a call at 877-662-3321 x-102. Joe Shamie.