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If I just bought a home (3 months ago), can I get refinanced at a lower interest rate.

Profile picture for ladyofthelake23
current rate at 4.78%
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April 23 2011 - Oakley
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Answers (4)

Profile picture for gigantes
go for a no-cost refinancing!
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August 04 2011
As said, yes you can but (assuming a 30 year) it would not be worth it.
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April 23 2011
Profile picture for shapiroamg
You can refinance any time you wish but I dobut it makes any sense to do so at this time. The minute savings you might get will take years to recover versus the costs of refinancing if your rate is a 30 year fixed.
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April 23 2011
Profile picture for wetdawgs
The costs of refinancing at this time are likely to be far far higher than what you'd save with an interest rate of 0.1 to 0.2% lower than your current rate. 
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April 23 2011
 

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