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re: No cost refi offer
Posted on 5/2/21 at 10:58 am to Laryngitis
Posted on 5/2/21 at 10:58 am to Laryngitis
Just started the process of something similar. My “no cost” offer was 3.25.
Offer with paying for all costs and buying points was 2.6. For reference this was a cash out rate and it would have been about .25 lower as straight refinance.
I haven’t made a decision yet on mine but there is a cost to the no cost rate as others said. I’ll probably pick something in the middle. Not buying points and paying closing.
Offer with paying for all costs and buying points was 2.6. For reference this was a cash out rate and it would have been about .25 lower as straight refinance.
I haven’t made a decision yet on mine but there is a cost to the no cost rate as others said. I’ll probably pick something in the middle. Not buying points and paying closing.
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