smalls
Well-known member
My local banks are writing loans at 4.75% today with no points.
The breakeven on refinancing my house is only about 16 months now so I think the Mrs. and I will be inking a refi tomorrow. The crappy part is that it seems that Mortgage Insurance premiums have gone up quite a bit over the last year...but I can live with that since in the short term this will decrease our payment by about $200/month.
Anyone else taking the plunge now?
The breakeven on refinancing my house is only about 16 months now so I think the Mrs. and I will be inking a refi tomorrow. The crappy part is that it seems that Mortgage Insurance premiums have gone up quite a bit over the last year...but I can live with that since in the short term this will decrease our payment by about $200/month.
Anyone else taking the plunge now?