:ohnoes:
Whos up for another 0.50 rate cut in Feb? Shoulda stayed in mortgage sales :hitit:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aRZzH5DI8jhs&refer=home
Economists’ Forecasts
The drop in payrolls in January was the first since August 2003. The median forecast was for a payrolls gain of 70,000, compared with an initially reported increase of 18,000 in December. Forecasts ranged from gains of 5,000 to 160,000.
it could prolly be done, though i’m sure you’d have to pay to do so, lol.
Seriously though I think I will refinance soon after it is done.
I am paying 6.625%.:jawdrop:
holy shit, when did you take it out?
standard (non-construction) 15 yr rates were ~4.8 as of last week.
It was over a year ago.
Yeah, it’s been a long project.
30 year, jumbo, construction.
ouch.
You’re prolly far better off with a streamline refi asa you have a CO. sheesh.
uhh, national average is 5.49, before points et al.
depending who you go thru, I think the fee at HSBC is $350 to get a rate roll down
im at 5.75, and if it gets under 5 i would probably refinance.
Interest Rate 5.603% 
i have a streamline FHA HUD 203k loan…??? dont know if that has diff %'s
yar, rehab loans are a different animal.
I’m at 5.375, not worth it to refi unless I could drop a whole point, and have negligable closing costs. I’m not going to buy points either, thats for the birds. Plus, I’ll probably be upgrading in the not to distant future.
tell me about it …no one should ever get one…i have had the worst time w/ m&t you dont even know
ya, rehab loans are a PITA no matter what, or what bank.
I have a 5.875 rate on a 15 year mortgage I got back in June. How much does it cost, total, to refinance if the rates dip into the 4’s?
cost depend on the lender (closing, app fees, points, etc).
I am at 6.5% and I refinanced a little over a year ago and dropped it to a 15 year. So unless it really goes down a lot I think I will hold on to what I have now. Besides I plan on buying a new house in 3 to 4 years.