### Comment:
3.89 is very high. My last mortgage was locked in for 5 years at 2.4%

### REPLY:
That’s an adjustable rate buddy. Mine was once 1.875% but now it’s 4.25%. You can’t get a 30 year now below like 3.3% or something, plus all the points and fees and the fact that you have to make a payment every month. You don’t have to make payments with IB.

### END.