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re: home refiance

Posted on 4/30/13 at 12:46 pm to
Posted by tiger94gop
GEISMAR
Member since Nov 2004
2954 posts
Posted on 4/30/13 at 12:46 pm to
Closing costs don't have a major effect when most banks are a 1/4 to a 1/2 higher, sometimes more. You always come out better in the long run with the lowest rate. If it is a short term loan, then no; anything beyong 5 years it doesn't matter. You will definitely make it up. Mortgages are considered long term debt.
Posted by lsuCJ5
Holly Springs, NC
Member since Nov 2012
1011 posts
Posted on 4/30/13 at 3:14 pm to
i recieved quite a few quotes today. i even got one with no closing cost but a slightly higher percantage rate.

i can't wait to call well fargo and tell them to go frick them selves.
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