Should I refinance my home loan??

[pandemkodi]

5 hours ago, Simple123 said:

Do it bro. i'm getting 2.75% for 30 yrs or 15 yrs now , 

you will save a lot in monthly payments

Lender pls 

[k2s]

5 hours ago, hotmaddy said:

20 months ago home purchased:     4.5% Rate,  Credit score: 675, 10% Down Payment,  30 Year Fixed,  PMI        adi idi baaduthunnadu.

Ippudu: Credit Score: 740, I can pay another 15% down payment.

Should I go for refinance or if I include closing cost etc anni kalipi it will end up same aaa? Interest rates tempting.

 

go for refinance

[cloud]

I m getting 3.25 30 yrs .. inka cheap unnaya .. shud i lock now or after marxh 17 fed cuts .. closing in mid april

[pandemkodi]

9 minutes ago, cloud said:

I m getting 3.25 30 yrs .. inka cheap unnaya .. shud i lock now or after marxh 17 fed cuts .. closing in mid april

Naku oka lender gadu 3 ista annadu 4700 closing cost so I Am waiting .

march 17 cut vuntadi 25 points ina 

[tom bhayya]

1 hour ago, pandemkodi said:

Naku oka lender gadu 3 ista annadu 4700 closing cost so I Am waiting .

march 17 cut vuntadi 25 points ina 

Enno illu kontunnavu?

[quickgun_murugun]

7 hours ago, WigsandThighs said:

Waste..corona vacchi andharu potharu anta..keep cash habdy and check after 6 months if lucky and being alive 👍

[quickgun_murugun]

1 hour ago, pandemkodi said:

Naku oka lender gadu 3 ista annadu 4700 closing cost so I Am waiting .

march 17 cut vuntadi 25 points ina 

Mortgage rates inka padali

[tom bhayya]

25 minutes ago, quickgun_murugun said:

Mortgage rates inka padali

Recession malla raavali antey yes inka thaggali 

[hotmaddy]

Thank you so much everybody. I will try to refinance.

Konni Lenders names kuda cheppandi. TIA.

[psycopk]

Malli fed rate cut untadi..if mArket goes down to 2800...(s&p index).. now is a good time in general..

[babu_bangaram]

Never pay closing costs when refinancing ...........basic thumb rule .....

 

[hotmaddy]

17 minutes ago, psycopk said:

Malli fed rate cut untadi..if mArket goes down to 2800...(s&p index).. now is a good time in general..

Should I wait then?

[meandhrakurradu]

New construction aite ippudu unna rate lock avtada or the rate by the time home is completed ? 

[masakali]

39 minutes ago, hotmaddy said:

Thank you so much everybody. I will try to refinance.

Konni Lenders names kuda cheppandi. TIA.

if you can, wait another 15days, oka clarity vasthadi about next rate cut... then you can shop around for rates, 3% for 30years ki almost andaru istharu in 15days ani talk. 

[tom brady]

32 minutes ago, babu_bangaram said:

Never pay closing costs when refinancing ...........basic thumb rule .....

 

Can you elaborate? How is it different from taking mortgage 1st time?