Paging HLS: 15 year conforming

[HLS]

Rate drop already today..

Jumbo 4.50% .50pts …… 4.875% 0 pts

This is for loan cost only.

Still some closing costs,,,

[beachlover]

Hi HLS,
Thanks for all of the info you share on this site.

I refinanced last January, 15 year convention at 5.375. Outstanding balance is $337k; house will probably appraise in the mid-600’s in today’s market.

Great fico, very good annual income, at the same job 20+ years. Hope to retire in 10 years, plan to live in this house at least 10 years if not forever.

Does it makes sense to refi now?

[beachlover]

Hi HLS,
Thanks for all of the info you share on this site.

I refinanced last January, 15 year convention at 5.375. Outstanding balance is $337k; house will probably appraise in the mid-600’s in today’s market.

Great fico, very good annual income, at the same job 20+ years. Hope to retire in 10 years, plan to live in this house at least 10 years if not forever.

Does it makes sense to refi now?

[beachlover]

Hi HLS,
Thanks for all of the info you share on this site.

I refinanced last January, 15 year convention at 5.375. Outstanding balance is $337k; house will probably appraise in the mid-600’s in today’s market.

Great fico, very good annual income, at the same job 20+ years. Hope to retire in 10 years, plan to live in this house at least 10 years if not forever.

Does it makes sense to refi now?

[beachlover]

Hi HLS,
Thanks for all of the info you share on this site.

I refinanced last January, 15 year convention at 5.375. Outstanding balance is $337k; house will probably appraise in the mid-600’s in today’s market.

Great fico, very good annual income, at the same job 20+ years. Hope to retire in 10 years, plan to live in this house at least 10 years if not forever.

Does it makes sense to refi now?

[beachlover]

Hi HLS,
Thanks for all of the info you share on this site.

I refinanced last January, 15 year convention at 5.375. Outstanding balance is $337k; house will probably appraise in the mid-600’s in today’s market.

Great fico, very good annual income, at the same job 20+ years. Hope to retire in 10 years, plan to live in this house at least 10 years if not forever.

Does it makes sense to refi now?

[HLS]

Based on your scenario, YES, it makes sense..
The question is if you wait, will it make MORE sense!

I’ll be happy to give you some options…

You may be able to do a no fee loan with costs
OR
pay a bit to get the best rate possible and lowest payment for the life of the loan.

I’m not sure that I would recommend a 15 YR over a 30….depends on your situation.

You will save money every month, it will take a certain number of months to recover the costs, then you are saving for every month beyond that.

I cannot imagine that fixed rates will go much lower, but in these crazy times ANYTHING is possible.

Feel free to contact me if you wish… , HLS

[HLS]

Based on your scenario, YES, it makes sense..
The question is if you wait, will it make MORE sense!

I’ll be happy to give you some options…

You may be able to do a no fee loan with costs
OR
pay a bit to get the best rate possible and lowest payment for the life of the loan.

I’m not sure that I would recommend a 15 YR over a 30….depends on your situation.

You will save money every month, it will take a certain number of months to recover the costs, then you are saving for every month beyond that.

I cannot imagine that fixed rates will go much lower, but in these crazy times ANYTHING is possible.

Feel free to contact me if you wish… , HLS

[HLS]

Based on your scenario, YES, it makes sense..
The question is if you wait, will it make MORE sense!

I’ll be happy to give you some options…

You may be able to do a no fee loan with costs
OR
pay a bit to get the best rate possible and lowest payment for the life of the loan.

I’m not sure that I would recommend a 15 YR over a 30….depends on your situation.

You will save money every month, it will take a certain number of months to recover the costs, then you are saving for every month beyond that.

I cannot imagine that fixed rates will go much lower, but in these crazy times ANYTHING is possible.

Feel free to contact me if you wish… , HLS

[HLS]

Based on your scenario, YES, it makes sense..
The question is if you wait, will it make MORE sense!

I’ll be happy to give you some options…

You may be able to do a no fee loan with costs
OR
pay a bit to get the best rate possible and lowest payment for the life of the loan.

I’m not sure that I would recommend a 15 YR over a 30….depends on your situation.

You will save money every month, it will take a certain number of months to recover the costs, then you are saving for every month beyond that.

I cannot imagine that fixed rates will go much lower, but in these crazy times ANYTHING is possible.

Feel free to contact me if you wish… , HLS

[HLS]

Based on your scenario, YES, it makes sense..
The question is if you wait, will it make MORE sense!

I’ll be happy to give you some options…

You may be able to do a no fee loan with costs
OR
pay a bit to get the best rate possible and lowest payment for the life of the loan.

I’m not sure that I would recommend a 15 YR over a 30….depends on your situation.

You will save money every month, it will take a certain number of months to recover the costs, then you are saving for every month beyond that.

I cannot imagine that fixed rates will go much lower, but in these crazy times ANYTHING is possible.

Feel free to contact me if you wish… , HLS

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