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Old 07-03-2009, 03:41 PM
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Default mortgage and refinance

just wondering if anyone that has a mortgage refinanced at all lately?
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Old 07-03-2009, 04:24 PM
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Originally Posted by enigma1976 View Post
just wondering if anyone that has a mortgage refinanced at all lately?
LOTS of people with rates at record lows.
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Old 07-03-2009, 06:26 PM
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I am in the middle of refinancing an apartment that I bought only a year or so ago.When I bought,the interest rate was 6.25%.I started the process over a month ago when the rates really dropped and locked in a refi at 4.5 % at the time of application. I'll be paying $200/mo less once the loan closes so it is definitely worth the hassle( and expense). Not planning on moving for a long long time so $2,400 a year less is very sweet.

The loan officer at the bank said they are extremely busy...lots of refi's. Appraiser said the same.
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Old 07-05-2009, 07:46 AM
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thats cool...........i was just asking because i just refinanced my house a couple of days ago....i bought my house in decof 2007 with a rate of 6.375% just refinanced it at 4.375%

was just wondering if anyone got a good deal as i did
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Old 07-06-2009, 09:21 AM
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Originally Posted by enigma1976 View Post
thats cool...........i was just asking because i just refinanced my house a couple of days ago....i bought my house in decof 2007 with a rate of 6.375% just refinanced it at 4.375%

was just wondering if anyone got a good deal as i did
You were robbed. Most people are in the 3's right now.
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Old 07-06-2009, 11:42 AM
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Quote:
Originally Posted by Trogge View Post
You were robbed. Most people are in the 3's right now.
Huh? The 30 year fixed rate without buy down is about 5.25 right now.
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