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Refinance Rates for Today

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Company Loan Type APR Est. Pmt.

Refinance

Posted on: 07th Oct, 2009 02:37 pm
would you refinance if your currnt rate is 6.9%?
Yes, especially if you can get a rate close to 5%. However, other factors would need to be considered such as how much longer you plan to be in the home.
Posted on: 07th Oct, 2009 04:23 pm
RHawkins

welcome to mortgagefit

If you are paying 6.9 currently,surely you will save much more on interest but you need to check it out with your lender.He will look after your credit as well...

keep in touch...
:arrow: :arrow: :arrow:
Posted on: 08th Oct, 2009 07:35 am
As stated above, pending your credit is sufficient enough to qualify for a rate below 5.5% this would benefit you. If your Loan To Value ratio is high and you must go FHA, it may not be too beneficial if you have to take out Private Mortgage Insurance.
Posted on: 08th Oct, 2009 09:36 am
That is me above. I was signed out. My apologies!!
Posted on: 08th Oct, 2009 09:37 am
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