Anonymous
05/09/2014 19:47
Subject: Lock in a lower mortgage rate or...
Anonymous wrote:Anonymous wrote:I would go with the lower rate too. That $24/mo is almost my cable bill.
Yeah right what cable company
DirecTV. If you refer a friend, you get $10 off your bill for 10 months. You can refer up to 10 friends at a time!
Anonymous
05/09/2014 19:39
Subject: Lock in a lower mortgage rate or...
If you think you will be in the house 10 years and refi during that time then I would take the lower rate.
Anonymous
05/09/2014 19:38
Subject: Lock in a lower mortgage rate or...
Anonymous wrote:I would go with the lower rate too. That $24/mo is almost my cable bill.
Yeah right what cable company
Anonymous
05/09/2014 19:09
Subject: Lock in a lower mortgage rate or...
I would go with the lower rate too. That $24/mo is almost my cable bill.
Anonymous
05/09/2014 18:54
Subject: Lock in a lower mortgage rate or...
I would go with the lower rate.
Anonymous
05/08/2014 16:50
Subject: Lock in a lower mortgage rate or...
If you are sure you want to refi, take the credit. Otherwise, I'd definitely take the 1/8.
Anonymous
05/08/2014 16:18
Subject: Lock in a lower mortgage rate or...
one that is 1/8th higher with a $1700 additional credit back at closing? The difference is rate's would be $24/mo.
If I was confident rates would stay where they are or drop at some point anytime after 4 months from now I could probably refi at a 3/8th lower rate, in which case the higher orignal rate and credit at closing makes sense. I think I might be able to do this because I won't be carrying 2 mortgages at that time and will have a much lower LTV...
FWIW, I think we will be in this house at least 10 years.
Thoughts?
If I was confident rates would stay where they are or drop at some point anytime after 4 months from now I could probably refi at a 3/8th lower rate, in which case the higher orignal rate and credit at closing makes sense. I think I might be able to do this because I won't be carrying 2 mortgages at that time and will have a much lower LTV...
FWIW, I think we will be in this house at least 10 years.
Thoughts?