Rave: Refinancing my crib
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stlouie_lipp
- Hallelujah Brother
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- Joined: April 17 06, 7:36 pm
Rave: Refinancing my crib
So, I bought my place in October and got a rate of 6.25%. Well, I already refinanced to 5.05%, lowered my monthly payment by $100, don't have to make a mortgage payment in February, and got $285 back at the closing.
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thrill
- bronoun enthusiast
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stlouie_lipp
- Hallelujah Brother
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- Joined: April 17 06, 7:36 pm
Re: Rave: Refinancing my crib
Yeah, timing is everything I guess.thrill wrote:Nice.
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sighyoung
- Mayor of GRB
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Re: Rave: Refinancing my crib
That's great. I would like to refinance, but I have 5.375% from two or three years ago, and I don't think it would pay.
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Fat Strat
- Official GRB Sponsor of Larry Bigbie
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Re: Rave: Refinancing my crib
Same situation here. I've got a low 5's rate as well from five years ago.sighyoung wrote:That's great. I would like to refinance, but I have 5.375% from two or three years ago, and I don't think it would pay.
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Hungary Jack
- Mother Earth
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Re: Rave: Refinancing my crib
Well done Lippster. Mrs. Jack and I are locked in at 5.25% on a 30-year jumbo, so I doubt we'll find anything better.