Refinance Now vs. Wait a Year — Is It Worth It?

[BiriyaniBandit]

Should I refinance now and lock in 5.5% rate on 15 year? (closing costs about 17k) and current rate is 6.5% on 30 year
Or wait a year and hope rates drop further ?

What do you think rates will look like later this year or next year?

[yemdoing]

1 hour ago, BiriyaniBandit said:

Should I refinance now and lock in 5.5% rate on 15 year? (closing costs about 17k) and current rate is 6.5% on 30 year
Or wait a year and hope rates drop further ?

What do you think rates will look like later this year or next year?

refinance ki 17K avthundha ?

 

[karna11]

17k tho refinance to reduce 1% , very bad idea

[meandhrakurradu]

37 minutes ago, BiriyaniBandit said:

Should I refinance now and lock in 5.5% rate on 15 year? (closing costs about 17k) and current rate is 6.5% on 30 year
Or wait a year and hope rates drop further ?

What do you think rates will look like later this year or next year?

zero cost refinance untai ga? 2-0 something antaru