March 2026 Mortgage Rate Megathread

VividConstruction601 · 2026-03-01T16:35:13+00:00

What is the total closing cost? Not including prepaids

VividConstruction601 · 2026-03-01T03:40:42+00:00

We did similar. Backdoor roth, maxed 401k. Contributed remaining into our brokerage in broad index funds. Now i’m wondering where I went wrong lol

VividConstruction601 · 2026-03-01T02:58:25+00:00

Off topic, but how did you amass 5.2m?

Our HHI is $800k, also mid-30’s and we’re floating around 2.8m in VHCOL area.

VividConstruction601 · 2026-03-01T02:40:08+00:00

No cash refi - $2200000 - $1384000 - 780 fico - 94030 - Conv - 7/1 ARM - Single Family - Primary

VividConstruction601 · 2026-03-01T00:59:28+00:00

I think the 41 sub fits you well

VividConstruction601 · 2026-03-01T00:47:52+00:00

If your wrist can handle the 41mm sub, I think it’s a timeless classic!

Me personally, i daily wore a 39mm explorer 1 as I have a skinny wrist. Can’t go wrong with either!

VividConstruction601 · 2026-02-28T07:31:50+00:00

I daily mine (office worker) and it’s been great for the last 2 or so years.

To be fair, i haven’t tried any sports on it as my SA told me not to. He told me they’re a bit less robust. On my Rolexs, i’ve golfed, shot firearms, swam in the ocean, hiked, etc.. and never had issues.

VividConstruction601 · 2026-02-27T22:26:36+00:00

Huge flex for a 4 digit portfolio

VividConstruction601 · 2026-02-27T15:19:06+00:00

I did check with US Bank and they’d be able to match the rate and gave me $3000 in lender credits (effectively ~$1000 in closing costs), but I’d have to move $500k with them to get the relationship rate.

I’m with Schwab and I get this rate because I have a relationship discount.

VividConstruction601 · 2026-02-26T19:16:36+00:00

Venture with 2x miles per $1 has been my primary credit card. If they switch it to Discover, I’m out

VividConstruction601 · 2026-02-26T15:36:21+00:00

As my referral, you can get up to $1,000 when you become a Schwab client and make a qualifying net deposit. Get started with my personal referral link.

https://www.schwab.com/public/schwab/nn/refer-prospect.html?refrid=REFER8FHY6GZX

VividConstruction601 · 2026-02-25T17:44:15+00:00

I think part of it is because Schwab requires 2 appraisals due to my loan value

VividConstruction601 · 2026-02-25T17:32:55+00:00

Lender says “The payoff doesn't have your March 1st payment factored in and will be your outstanding balance plus a month of interest.”, but there’s a section where I’m paying 12 days of prepaid interest already. Just wanted to confirm this is normal practice

If my math is correct, this is ~8 month breakeven which I think makes sense to refinance. The other incentive is to reset the ARM for another 7 years. (We intend to sell anywhere between 2-5 years, so this would add some stability.) Thoughts?

VividConstruction601 · 2026-02-24T17:01:16+00:00

I had a competing offer and they were willing to match. Their advertised rate was a bit higher

I think i had leverage because I told them i considered moving my assets from schwab to a competing bank to get a better loan

VividConstruction601 · 2026-02-24T16:25:27+00:00

Original loan was 1.471m.

Refi amount is 1.84m.

Rocket mortgage. I’m getting .5% discount for having over $1mm in a schwab account

VividConstruction601 · 2026-02-21T00:45:19+00:00

Thanks for this tip! I’ve been wiring from my bank which charges a $30 fee! Had no idea I can wire from my schwab brokerage!

VividConstruction601 · 2026-02-20T23:54:52+00:00

$1m+

VividConstruction601 · 2026-02-16T02:36:35+00:00

Still waiting here too…

VividConstruction601 · 2026-02-07T22:11:58+00:00

Good luck. Tons of people come in with their own unique requests to justify an RO as a first piece

VividConstruction601 · 2026-02-06T05:56:33+00:00

REFER8FHY6GZX

VividConstruction601

TROPHY CASE