Home › Forums › Housing › Know someone whose mortgage is resetting? › sdnerd wrote:Mine just reset
[quote=sdnerd]Mine just reset from 4.65% to 3.25%.
Which is both good in regards to my payments, and bad in regards to houses I was hoping to be buying as REO. [/quote]
Can you explain to us how is that kind of rate achieved through refinancing? – What’s the story involved in this achievement?
