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Re: Home refinance rates
[Re: JustinJ]
#3188041
08/10/20 04:07 PM
08/10/20 04:07 PM
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Joined: Feb 2009
Posts: 4,156
Ramer
ronfromramer
10 point
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10 point
Joined: Feb 2009
Posts: 4,156
Ramer
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I locked in at 2.1 last Friday on a 15yr Impressive. Did that involve buying points or anything like that? No. I was hopping to get around 2.3, was really surprised when they came back at 2.1 I was at 3.8 from when I built my house 4 years ago, which I though was pretty good. But, I got what I feel was a bad appraisal when we went from our construction loan to permanent, and I was stuck paying PMI. So now, was able to drop 1.7% on interest, and get the PMI dropped with the new appraisal, and cut off 12 years of payments and only have my monthly payment increasing about $50. Congrats, that was a slick move right there
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