I don’t think you have to crunch the numbers so much as figuring out the probability of a cerain situation. This is a bit of a guessing game.
HLS
For those people who went the route of the no cost loan at 6.35%, 1 year ago are they not at an advantage today with respect to flexability. There was n o crystal ball but these people can now refinance at potentially lower cost and not feel that they got hosed becasue they paid the points.
