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Message
re: Home Mortgage Rate Change
Posted on 8/19/19 at 1:57 pm to LSUDbrous90
Posted on 8/19/19 at 1:57 pm to LSUDbrous90
quote:
3.5% + appraisal fee ($450) + point fee ($700) and 15-20 days to close as option 2.
They will waive that point fee if you ask for it. Also, paying $1150 isn't much on 300K compared to the savings on the rate. I would go for it.
1
Posted on 8/19/19 at 2:00 pm to CoachChappy
quote:
They will waive that point fee if you ask for it. Also, paying $1150 isn't much on 300K compared to the savings on the rate. I would go for it.
My thoughts as well. Over the course of the loan I'm looking at saving 22k in interest going from 3.875% to 3.5%.
I know its the right financial move but I am more concerned with any risks I may not be aware of.
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