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Reply to "i thought we had the mortgage to end all mortgages"
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[quote=Anonymous]The bank I used for the first few was swallowed up by another bank and the deals weren't as good. Lately I've been using Amerisave, but I've heard Eagle bank also has some good deals. The point of my post was really that for about 10 years people have thought rates couldn't get any lower, but they have and as long as you don't spend a lot of your money in the transaction, even a 1/4 point drop in the rate can be worthwhile to refi (depending on your circumstances). IME most people overestimate how long they will have a given loan (and so they spend too much on points and refi costs).[/quote]
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