Comments on: I’m Refinancing My Mortgage http://thefinancebuff.com/i-refinancing-my-mortgage.html like a friend telling you about money ... Tue, 22 May 2012 00:03:35 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: TFB http://thefinancebuff.com/i-refinancing-my-mortgage.html#comment-414 TFB Fri, 25 Jan 2008 04:01:00 +0000 http://blog.thefinancebuff.com/?p=214#comment-414 No, it did not decrease by at least 100 basis points. It decreased only 25 basis points. But because I'm doing a "no closing cost" refi, as long as the rate is lower than what I'm currently paying, I have nothing to lose. See the linked Bogleheads forum threads for more details. <br/><br/>Yesterday was a good day for locking in a low rate. The rate jumped up 0.50% today. If we have another bad day on the stock market, the rate may drop again. So watch the rate closely. No, it did not decrease by at least 100 basis points. It decreased only 25 basis points. But because I’m doing a “no closing cost” refi, as long as the rate is lower than what I’m currently paying, I have nothing to lose. See the linked Bogleheads forum threads for more details.

Yesterday was a good day for locking in a low rate. The rate jumped up 0.50% today. If we have another bad day on the stock market, the rate may drop again. So watch the rate closely.

]]> By: Anonymous http://thefinancebuff.com/i-refinancing-my-mortgage.html#comment-413 Anonymous Fri, 25 Jan 2008 02:55:00 +0000 http://blog.thefinancebuff.com/?p=214#comment-413 If you don't mind me asking, did your rate decrease by at least 100 basis points?<br/><br/>I am thinking about a re-fi, but, I'm not sure that it makes sense. I have to get busy with Excel. If you don’t mind me asking, did your rate decrease by at least 100 basis points?

I am thinking about a re-fi, but, I’m not sure that it makes sense. I have to get busy with Excel.

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