Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Treasuries yields rising as fed cuts"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]Q for all you econ geniuses: Should we refinance our 7 percent 30-year mortgage now, or wait to see if next year rates drop into the lower 6 percent range or even below that? I know there's no timing the market, but also think the messages above seem to be saying QE could create inflation which could send mortgage rates higher next year?[/quote] Refinance now and do NOT pay any points. You need to get three quotes from different mortgage brokers and play them off each other. Drive the cost of refinancing to as low as possible. Refinance again in a year if rates go down by another 50-75 bps. The bigger your borrowed amount the less you need rates to drop to make serial refinancing "worth it."[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
