re: PMI

Funny how there are lots of changes going around right now. I purchased my current home in July of 13. Got a 4.25 rate. Funny thing is rates were at 3.75 for a year and when we were ready to lock in, rates jumped to 4.75 over night. Dropped a few days after and we went with the 4.25%. about a month ago, my morgtage company called me, offering me a refi with a 3.85 rate for same term I have now, Lower PMI percentage, will pay any escrow shortage and no closing cost. They did everything and I literally talked to them twice for a total of 5 min. Sent a notary to my home to sign the docs and it was complete. Saved me about 250 a month.