Patti (whipartist) wrote,
Patti
whipartist

Mortgage rate redux

I just chatted with my bank. It looks like I can refinance to a 30-year fixed with one point at 5 3/8 with one point, or 5 3/4 with 0 points. The current loan is at 6 3/8, so that's a pretty good savings. I'm in pretty good shape since I'm borrowing less than 60% of the value of the property.
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