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Replies (3)

- Dave Mason, "DebtFreeDave"
- Contributions:1315
If you can qualify now would be a great time to refinance. You may want to see what your home is worth before you get started.

- NTETS, "Mr Caveat"
- Contributions:6436
the rate probably wont get much better, if you aren't underwater, go for it!
this is a great time to refi!
this is a great time to refi!

- TCMW
- Contributions:46
The market is SUPER volatile right now. 4.5% last week is 5% this week...might be 4.75 tomorrow and 5.5 next week. You never know where its going to go. A bird in hand is worth AT LEAST 3 or 4 in the bush in this market. And if you try to catch it at the bottom, you never will. They bounce too quickly. If it makes sense now, do it. Worst case, you can always refinance again if rates drop more (not at all likely)...that is assuming you still can. Get it while you can. Feel free to email me at tc.whiting@guaranteedrate.com if you need any help. I've been in the biz over a decade and I'll shoot you straight.
New baby, reduced income, good time to refinance a 6.5% 30 year fixed?
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