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re: Refinancing my mortgage - To lock in or to not lock in.......
Posted on 5/20/13 at 2:51 pm to JPLSU1981
Posted on 5/20/13 at 2:51 pm to JPLSU1981
quote:
The federal funds rate can not go any lower than 0
Understood, but it also can fluctuate based on other things such as what traders on Wall St. are buying. When I was on the phone with the broker I had her look up a 20yr and it was more expensive than the 30.
1
Posted on 5/20/13 at 3:33 pm to TJG210
i'm a broker, 20 yrs is generally an 1/8 better. lock in - if a conventional refi, rates have been increasing the last 1.5 weeks.
what broker are you using?
what broker are you using?
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