Home › Forums › Financial Markets/Economics › Time to refinance :-)
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July 16, 2010 at 12:28 PM #580140July 16, 2010 at 2:05 PM #579147sdrealtorParticipant
Paranoid,
Yes youa re correct. If you refinance a first into a new first or even a 1st and 2nd into a new 1st that is exactly hwo it applies. They only get one bite of teh apple.July 16, 2010 at 2:05 PM #579241sdrealtorParticipantParanoid,
Yes youa re correct. If you refinance a first into a new first or even a 1st and 2nd into a new 1st that is exactly hwo it applies. They only get one bite of teh apple.July 16, 2010 at 2:05 PM #579773sdrealtorParticipantParanoid,
Yes youa re correct. If you refinance a first into a new first or even a 1st and 2nd into a new 1st that is exactly hwo it applies. They only get one bite of teh apple.July 16, 2010 at 2:05 PM #579879sdrealtorParticipantParanoid,
Yes youa re correct. If you refinance a first into a new first or even a 1st and 2nd into a new 1st that is exactly hwo it applies. They only get one bite of teh apple.July 16, 2010 at 2:05 PM #580184sdrealtorParticipantParanoid,
Yes youa re correct. If you refinance a first into a new first or even a 1st and 2nd into a new 1st that is exactly hwo it applies. They only get one bite of teh apple.July 16, 2010 at 6:02 PM #579213HomeShoppingParticipantTo IT.MOM
Do you mind sharing your total closing costs?
July 16, 2010 at 6:02 PM #579306HomeShoppingParticipantTo IT.MOM
Do you mind sharing your total closing costs?
July 16, 2010 at 6:02 PM #579838HomeShoppingParticipantTo IT.MOM
Do you mind sharing your total closing costs?
July 16, 2010 at 6:02 PM #579944HomeShoppingParticipantTo IT.MOM
Do you mind sharing your total closing costs?
July 16, 2010 at 6:02 PM #580249HomeShoppingParticipantTo IT.MOM
Do you mind sharing your total closing costs?
July 16, 2010 at 8:04 PM #579263HLSParticipantTrue no cost loans (no points, no fees) depend on your loan amount. Today’s pricing for loans above $250,000 for a no cost 30 YR Fixed loan was 4.625%
IF YOU QUALIFY….A true no cost loan has no closing costs to the borrower.
You are not getting a free loan, you will get a higher rate and have a higher payment than if you paid the costs. If you plan on keeping the loan for at least 4 or 5 years, you are better off paying some costs and getting a lower rate/payment.
In the long run, a no cost loan can cost tens of thousands of dollars in wasted interest over the life of the loan… HLS
Pricing changes every day.
July 16, 2010 at 8:04 PM #579358HLSParticipantTrue no cost loans (no points, no fees) depend on your loan amount. Today’s pricing for loans above $250,000 for a no cost 30 YR Fixed loan was 4.625%
IF YOU QUALIFY….A true no cost loan has no closing costs to the borrower.
You are not getting a free loan, you will get a higher rate and have a higher payment than if you paid the costs. If you plan on keeping the loan for at least 4 or 5 years, you are better off paying some costs and getting a lower rate/payment.
In the long run, a no cost loan can cost tens of thousands of dollars in wasted interest over the life of the loan… HLS
Pricing changes every day.
July 16, 2010 at 8:04 PM #579888HLSParticipantTrue no cost loans (no points, no fees) depend on your loan amount. Today’s pricing for loans above $250,000 for a no cost 30 YR Fixed loan was 4.625%
IF YOU QUALIFY….A true no cost loan has no closing costs to the borrower.
You are not getting a free loan, you will get a higher rate and have a higher payment than if you paid the costs. If you plan on keeping the loan for at least 4 or 5 years, you are better off paying some costs and getting a lower rate/payment.
In the long run, a no cost loan can cost tens of thousands of dollars in wasted interest over the life of the loan… HLS
Pricing changes every day.
July 16, 2010 at 8:04 PM #579995HLSParticipantTrue no cost loans (no points, no fees) depend on your loan amount. Today’s pricing for loans above $250,000 for a no cost 30 YR Fixed loan was 4.625%
IF YOU QUALIFY….A true no cost loan has no closing costs to the borrower.
You are not getting a free loan, you will get a higher rate and have a higher payment than if you paid the costs. If you plan on keeping the loan for at least 4 or 5 years, you are better off paying some costs and getting a lower rate/payment.
In the long run, a no cost loan can cost tens of thousands of dollars in wasted interest over the life of the loan… HLS
Pricing changes every day.
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