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re: First time investor, advice

Posted on 2/25/21 at 7:57 pm to
Posted by greygoose
Member since Aug 2013
11468 posts
Posted on 2/25/21 at 7:57 pm to
quote:


I literally just closed on this house over the summer at that rate. I should look into refinancing already?
By all means yes, if you can get in the 2.25 2.5% range! I have no idea what your current balance is or your payment amount, but I'm closing on my refinance on Monday. I currently have a rate similar to yours and I'm getting 2.25% on the refinance. I'm saving almost $500/month off the old payment. I'm still going to pay the old amount and just have the difference go to principal.
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