Should we wait a little longer for refi rate?

[lepetitangel]

Husband and I have been thinking about refinancing as we have cash that we don’t need that we can put into the houes for a lower rate.

Do you think refi rate will continue to drop? It seems real low now…..4.5% at wells fargo. Do you think we should wait a little longer and see if rate goes below 4%? (too good to be true??!!)

Thanks!

[ocrenter]

is that conforming? conforming jumbo? nonconforming? points? no points? impound? no impound?

would love more details if you don’t mind.

[ocrenter]

is that conforming? conforming jumbo? nonconforming? points? no points? impound? no impound?

would love more details if you don’t mind.

[ocrenter]

is that conforming? conforming jumbo? nonconforming? points? no points? impound? no impound?

would love more details if you don’t mind.

[ocrenter]

is that conforming? conforming jumbo? nonconforming? points? no points? impound? no impound?

would love more details if you don’t mind.

[ocrenter]

is that conforming? conforming jumbo? nonconforming? points? no points? impound? no impound?

would love more details if you don’t mind.

[as]

I am facing the same question.
I got 4.75% 30y fixed confirming loan last year, paid 0.5 point. Today I just checked and one of the company is offering 4.25% 30 fixed with 0 point. Shall I refinance now or wait? I would like to see the smart piggs’ opinion. thanks.

[as]

I am facing the same question.
I got 4.75% 30y fixed confirming loan last year, paid 0.5 point. Today I just checked and one of the company is offering 4.25% 30 fixed with 0 point. Shall I refinance now or wait? I would like to see the smart piggs’ opinion. thanks.

[as]

I am facing the same question.
I got 4.75% 30y fixed confirming loan last year, paid 0.5 point. Today I just checked and one of the company is offering 4.25% 30 fixed with 0 point. Shall I refinance now or wait? I would like to see the smart piggs’ opinion. thanks.

[as]

I am facing the same question.
I got 4.75% 30y fixed confirming loan last year, paid 0.5 point. Today I just checked and one of the company is offering 4.25% 30 fixed with 0 point. Shall I refinance now or wait? I would like to see the smart piggs’ opinion. thanks.

[as]

I am facing the same question.
I got 4.75% 30y fixed confirming loan last year, paid 0.5 point. Today I just checked and one of the company is offering 4.25% 30 fixed with 0 point. Shall I refinance now or wait? I would like to see the smart piggs’ opinion. thanks.

[SD Realtor]

ocr no details yet. It was posted on several blogs though. Even calculated risk talked about it. There were no details but the most I read was that the govt will “encourage” the gse’s to forgive the debt. Nothing was detailed on what loans, recourse non recourse, firsts, seconds, etc… Given the recent losses posted by the gse’s this seems impossible. Given we have an election and a failed stimulus program this may be inevitable or something like it.

[SD Realtor]

ocr no details yet. It was posted on several blogs though. Even calculated risk talked about it. There were no details but the most I read was that the govt will “encourage” the gse’s to forgive the debt. Nothing was detailed on what loans, recourse non recourse, firsts, seconds, etc… Given the recent losses posted by the gse’s this seems impossible. Given we have an election and a failed stimulus program this may be inevitable or something like it.

[SD Realtor]

ocr no details yet. It was posted on several blogs though. Even calculated risk talked about it. There were no details but the most I read was that the govt will “encourage” the gse’s to forgive the debt. Nothing was detailed on what loans, recourse non recourse, firsts, seconds, etc… Given the recent losses posted by the gse’s this seems impossible. Given we have an election and a failed stimulus program this may be inevitable or something like it.

[SD Realtor]

ocr no details yet. It was posted on several blogs though. Even calculated risk talked about it. There were no details but the most I read was that the govt will “encourage” the gse’s to forgive the debt. Nothing was detailed on what loans, recourse non recourse, firsts, seconds, etc… Given the recent losses posted by the gse’s this seems impossible. Given we have an election and a failed stimulus program this may be inevitable or something like it.

[Author]

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