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15 Year Refinance

Posted on 8/20/20 at 12:19 pm
Posted by nrtiger
Paradise
Member since Nov 2003
1337 posts
Posted on 8/20/20 at 12:19 pm
Looking for some insight into my quoted numbers to determine if I'm getting the best bargain.

LTV-54%
15 year refi Quoted Rate-2.625% flat rate no points
Credit Score-825
Loan Amount-$285K
Previous mortgage 30 year at 3.875%
Home Value $525K
Closing Costs-$2500
Posted by Displaced
Member since Dec 2011
32713 posts
Posted on 8/20/20 at 12:23 pm to
Compared to what?

If that is your only rate offered, it's the best by default.
Posted by nrtiger
Paradise
Member since Nov 2003
1337 posts
Posted on 8/20/20 at 12:25 pm to
Compared to what others have been offered over the last few weeks.
Posted by Brobocop
Baton Rouge, LA
Member since Feb 2018
1905 posts
Posted on 8/20/20 at 12:32 pm to
6 weeks ago we closed 15 yr at 2.875. So you're good.
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 8/20/20 at 12:44 pm to
quote:

15 Year Refinance



please fix your thread title...it's as bad as your credit score
Posted by rlp
Shreveport
Member since Sep 2005
650 posts
Posted on 8/20/20 at 4:02 pm to
quote:

15 year refi Quoted Rate-2.625% flat rate no points


I was quoted 2.375% on a 15 yr today, 2.625% on a 30. Home Federal

Posted by ellesssuuu
Baton Rouge
Member since Mar 2016
2781 posts
Posted on 8/20/20 at 10:59 pm to
go play with Robin
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