[quote=CAwireman]We’re in the process of completing a Refi to 3.5 %.
We were at 4.25% on the original loan when we bought in 2011.
Will save us about $225 per month give or take.

With the rates Flu found we’re in disbelief.

I guess we’ll probably have at least one more refi to go after this one…[/quote]

So caveat. This lender I’m using has a closing cost of about $2.5k.. Hence why the apr is slightly more…So if you’re doing a no fee/no points loan, it’s not that much off, because I believe if you really want to do a no fee/no point loan with this lender, their rate is slightly higher (.25%)…

I’ll call and double check..

However, please note that usually this place is the most aggressive when it comes to lower rates. Usually, if rates hold low, I see other lenders follow suit afterwards…