SHOULD I REFINANCE?I currently have 7 years left on a 15-yr fixed mortgage at 4.88% APR. My bank is offering a No Closing Costs streamline refi rate of 4.00 APR (fixed) for a 10-year term. TThey claim we will not have to pay ANY closing costs, they will absorb all those. However, when I asked them to furnish the new monthly principal charge should we go ahead, they replied that they "cannot adjust all that information until the end when we have your closing date and all your payments in the final payoff". I'm wondering if this means they intend to roll costs into the new principal but don't want to tell us that until they get us to confirm a closing date. So, is this a good deal or not, esp considering that we're talking about LESS than one percent point reduction in the APR?June 03 2011 - New York0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.