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re: The average 30-year fixed mortgage rate jumps to 7.50%

Posted on 4/16/24 at 1:56 pm to
Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38688 posts
Posted on 4/16/24 at 1:56 pm to
quote:


So glad I refinanced for 10 years at 2.25% a few years ago.


Because of my divorce, I had to refinance my house. Originally, I had 6 years left out of 15 to pay. My rate was 2.875 %.

I refinanced in January 2022, and got a rate of 2.5 %. Now, I have 13 years left to pay.

It sucks to start over, but when I look at my situation and see what others are faced with today, I am very fortunate to have the rate I have today.
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