- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Refinance question
Posted on 12/18/12 at 7:33 pm
Posted on 12/18/12 at 7:33 pm
Was quoted 3.5% today for a 30 yr refi. Should I lock this in, or do the money board loan guys think it will drop back to 3.37%. No points
5
Posted on 12/18/12 at 7:41 pm to TigerV
Obama stacked
Posted on 12/18/12 at 8:32 pm to TigerV
Doesn't mortgage insurance go up when you refi? I know the mortgage rate itself is lower but the insurance is higher, no?
Posted on 12/18/12 at 8:51 pm to Paul Allen
I Love Bama: wtf?
Paul: no mortgage insurance, not an issue.
Paul: no mortgage insurance, not an issue.
Posted on 12/18/12 at 9:31 pm to TigerV
Weird. I responded in a different thread and it went here. My b. My b
Posted on 12/19/12 at 7:39 am to TigerV
Just guessing (because we don't know your financed amount), but the difference in monthly payment between the two rates is negligible; maybe 3 bucks? Take a sure thing. IMHO
Posted on 12/19/12 at 7:48 am to TigerV
Posted on 12/19/12 at 9:16 am to BestBanker
quote:
Just guessing (because we don't know your financed amount), but the difference in monthly payment between the two rates is negligible; maybe 3 bucks? Take a sure thing. IMHO
Also, every month you wait you are eating into whatever you'd save on the rate possibly lowering. I'd pull the trigger.
Posted on 12/19/12 at 1:11 pm to CoolHand
took a little while, but the economic guys showed up. CoolHand, this was a thought that I have been thinking about this week. It is interesting that an article came out today showing that there is a 14% drop in mortgage applications this week with the rise in interest rates. I wonder how much this has to do with the upcoming Christmas vacations that have already started. Also, I think that I will be saving about $50/month if the interest rate is lower. I'll probablty lock in today or tomorrow.
Posted on 12/19/12 at 2:57 pm to TigerV
quote:
Also, I think that I will be saving about $50/month if the interest rate is lower
600k + loan? Then the answer is yes.
Lower financed amount, and the monthly savings is below your $50.
Posted on 12/19/12 at 3:18 pm to TigerV
I need to pull the damn trigger on this refi. Where do you guys go with no closing costs?
I'm not sure why, but it's hard to trust non-traditional lenders like the big banks.
Any tips? This s should be its own thread.
I'm not sure why, but it's hard to trust non-traditional lenders like the big banks.
Any tips? This s should be its own thread.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News