Refinance

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peewee
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Refinance

Postby peewee » Thu Dec 06, 2012 2:56 pm

Anyone refinanced recently. I have a friend that claims he is locked into 2.75. If that is the case I may be checking into if it is worth it for me.
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edub20
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Re: Refinance

Postby edub20 » Thu Dec 06, 2012 3:02 pm

(╯°□°）╯︵ ┻━┻
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teul2
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Re: Refinance

Postby teul2 » Thu Dec 06, 2012 3:06 pm

Yes, we just did it about two months ago at 2.8 for 10 years, I think.
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teul2
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Re: Refinance

Postby teul2 » Thu Dec 06, 2012 3:12 pm

correction, 2.99 for 10.
Looking for 2 duck calls from Dominic Serio of Greenwood (ones for Novacaine)
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peewee
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Re: Refinance

Postby peewee » Thu Dec 06, 2012 3:16 pm

I have 59,000 left on my loan (6.5 years). We are currently financed at 5.25. Would it be worth it for us to refinance.
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teul2
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Re: Refinance

Postby teul2 » Thu Dec 06, 2012 3:19 pm

10 years at 2.99 will make your payment 569.44
And thats about where we were. 6ish years and 65K. Got some extra money to redo our kitchen though.
Looking for 2 duck calls from Dominic Serio of Greenwood (ones for Novacaine)
"Most Chesapeakes, unless in agreement that it is his idea, will continually question the validity of what he is being asked to do" - Butch Goodwin
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deltadukman
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Re: Refinance

Postby deltadukman » Thu Dec 06, 2012 3:20 pm

Add into that it will cost you some just for refinance fees. I dont think the juice is worth the squeeze for 6 years, but i didnt stay at a holiday inn last night either.
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country_20boy
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Re: Refinance

Postby country_20boy » Thu Dec 06, 2012 3:21 pm

I am not a mortgage expert, but I would say absolutely. You can probably get a 5 yr loan for 2.5-3% and cut yrs off your loan and cut monthly payment at the same time.

I sent you a PM also.
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levi127
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Re: Refinance

Postby levi127 » Thu Dec 06, 2012 3:31 pm

I just did within the last 40 days and got a 2.75
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matador1
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Re: Refinance

Postby matador1 » Thu Dec 06, 2012 5:00 pm

Your resident mortgage loan officer. You've got a friend in the business. http://www.adamblack.net
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matador1
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Re: Refinance

Postby matador1 » Thu Dec 06, 2012 5:04 pm

Your resident mortgage loan officer. You've got a friend in the business. http://www.adamblack.net
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rbsdrake
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Re: Refinance

Postby rbsdrake » Thu Dec 06, 2012 8:19 pm

I just did mine a couple of weeks ago. Got 2.87% but I locked in early and the rates were going back up when we closed
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Caller1
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Re: Refinance

Postby Caller1 » Thu Dec 06, 2012 11:18 pm

Got a 3.375 last year and was happy. Sub 3 is awesome. Shoot, sub 4 is awesome!
Sound familiar?
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fieldt76
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Re: Refinance

Postby fieldt76 » Thu Dec 06, 2012 11:33 pm

Got 3.25 over 30 yrs on the house I closed on yesterday
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kevinw
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Re: Refinance

Postby kevinw » Fri Dec 07, 2012 8:12 am

Did mine back in the summer and I went from a 30yr 6.2 to a 15 year 3.3 and my payments only went up 20$/month.
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