Advertising Member Seatofmypants Posted February 25, 2020 Advertising Member Share Posted February 25, 2020 1 minute ago, teamgreen02 said: Sure it dropped the payment, but it just extended your mortgage by how many years? We refi'd when 15 years was at 2.75%. Be interesting to see how low they go now. The gap between the 15 and 30 year loans are getting close. I had 19 years left at 5%. Worked out nicely for what I need out of it. Just now, snoughnut said: I re-financed 9 years ago to a 15 yr. fixed at 3.3% Almost went with a 15 year....would have been 3.125-3.25 with 0 points and still lowered my payment, but I needed the lowest possible payment so I can build a new home on my lot....all while living in my current house. Hopefully my plan works, as there is no possible way I can rent (with all my side business stuff). Quote Link to comment Share on other sites More sharing options...
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