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The Water Cooler
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Stupid crazy interest rates
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<blockquote data-quote="CHenry" data-source="post: 1981768" data-attributes="member: 6281"><p>I am about to close on a refinance of my home. I had 5.38% and I locked in earlier this week at 2.60% for 15 years! Of course Iwill continue to make the larger payment and have it payed off early. </p><p>I'm no finacial advisor but I can say, if you plan to stay in your house more than 3 more years and you are paying more than 5% interest, or even 4%, I would look into refinancing. This will save thousands in interest.</p></blockquote><p></p>
[QUOTE="CHenry, post: 1981768, member: 6281"] I am about to close on a refinance of my home. I had 5.38% and I locked in earlier this week at 2.60% for 15 years! Of course Iwill continue to make the larger payment and have it payed off early. I'm no finacial advisor but I can say, if you plan to stay in your house more than 3 more years and you are paying more than 5% interest, or even 4%, I would look into refinancing. This will save thousands in interest. [/QUOTE]
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