Back to Results
Please enter a valid email address.
Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.
How much lower do you want them to get? I get asked this question every day by my clients. The rates are lower than they have ever been. If you need them to get lower in order to convince you to refinance--you probably don't need to refinance.HOWEVER, if you go to a 15 year mortgage from a 30 year, the savings are tremendous. a 4.125% rate on 15 year is not bad, but you could get lower--it just depends on how your loan is arranged.
Clay has a heart the size OF Atlanta!Agreed Jason. It was pretty much a futile post anyway since the rate was already locked.
Clay has a heart the size the Atlanta!
"Lane's info" wasn't Lane's...This is a link to a site with good insight into rates and what makes them move... Link
Hi Folks, thank you first for all your answers, and I am sorry I did not give more Info. I locked in at 4.125 and I chose Cecily answer because it was short and correct.` Info: 140,000.00 loan on 180,000 value home, no PMI, ZERO CLOSING COST, going from a 30yr 5.75% to a 15yr 4.125% rate. Monthly payment almost eaxtly the same since I dropped the PMI on the refi. (CAPCENTER Mortgage Richmond VA...thank you so much)Since I like to pay the next month princple with this months mortgage, I will have this paid off in 7 1/2 years.Buying down a point does not do a lot at all, accept make me wait until almost 1/2 the loan payments before I break even.This turned out to be a really good blogAs I don't think you can always get the lowest rate, like in the stock market you can never get the very high or the very low, but be happy with what you got, and you are ok.I also very much liked Lane Midgets answer for real information about what could affect rate and how toplay it out going forward. (we will see if I got the low of lows,,,,but heck) Hudg and James, thanks for making it interesting, as it is a free country and we all have the right to agree and especially the right to disagree.
Ctrl CCtrl V
do you even understand the comentary?
Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.
For Sale: $975,000
For Sale: $479,900
For Sale: $359,000