[quote=AN][quote=FlyerInHi]Flu, I think you’re saying that “no cost” loans are better because they allow you to refinance again and again, guilt free (loss avoidance. You’re not “throwing away” out of pocket fees. That’s the marketing angle.
But past is past. Make decisions based on what you know today.[/quote]
Do you have a crystal ball i can borrow?[/quote]
It’s probably safe to assume that secular trend of steadily lower and lower rates from the early 1980’s until now is coming to an end. Not that rates will rise significantly from here but mid 2’s maybe 2 is probably the lower limit. It might make sense to pay a little bit for a lower rate now where as in the past 30 years it probably didn’t. Of course you didn’t necessarily know that at the time.
