[quote=LAAFTERHOURS][quote=bake]tb you should close this deal. You made a commitment, everybody did a lot of hard work for you, honor your commitment.
If you refi again in two months the wholesale investor may ask the mortgage broker to repay the lender rebate, probably at least $6000.
You should be able to refi again in 6 months with no penalty and good karma to spare.[/quote]
That brings up a good question since a lot of people have been Refinancing lately. If rates keep dropping, when is it appropriate to refi again? I know that’s a loaded question as everyones situation is unique but that answer to that question years ago differs from todays market.[/quote]
For me a .25% difference is about 80bucks/month. So I’d probably refi with the gov if it’s bigger than .50%. Then again, I’m also working on refing with a private “lender”…
I think (but could be wrong that I can’t refi with FHA for another 2 months…might be wrong)…
