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Answers (6)
- CORONA NICK
- Contributions:2218
I dont thinks so, Jumbo is still in the high 6%.... the low rates you are hearing about are not for Jumbo...
- Todd Frank, "TX Banker"
- Contributions:11
Rates are so low right now on Jumbo that you could probably have the loan priced to cover the costs and still lower your rate.
- Dave Mason, "DebtFreeDave"
- Contributions:1315
- Tammy Stockdale, "Colorado Mtg Broker"
- Contributions:6995
Yeah, that's true, equity is an option to roll the closing costs into the loan. Sorry I left that one out.
- Rob Cochems
- Contributions:3523
refinance, as long as you have equity there should not be out of pocket costs
- Tammy Stockdale, "Colorado Mtg Broker"
- Contributions:6995
Rye, absolutely there are, unless you choose a higher rate to cover the costs.
30yr Jumbo loan at 7% Is it worth refinacing?
are there any out of pocket costs when refinancing?
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