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re: The good news: 15 yr mortgage rate is...

Posted on 8/4/11 at 2:12 pm to
Posted by Rev1897
NOLA
Member since Dec 2008
782 posts
Posted on 8/4/11 at 2:12 pm to
Hmm... wonder if I should refi from my 5.0 rate...
Posted by novabill
Crossville, TN
Member since Sep 2005
10465 posts
Posted on 8/4/11 at 2:25 pm to
No doubt. Just locked a guy in at 3.5% and saving him <180,000 in interest payments over the life of the loan.

If you have a secure job and are comfortable with adding a couple of hundred to your mortgage payment, it really is a no brainer.
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