With the emergency rate cuts by the Fed yesterday, should I refinance my mortgage? I have a 30 year at 6.125%
Monday, August 18th, 2008
Hickdawg asked:
I bought in Oct 2006 with 20% down for a $250K house. Got a 30 year mortgage at 6.125%. With the emergency fed rate cut yesterday, is now a good time to refinance or do you think it will go down more? How much cash do you need to refinance? Thanks!
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I bought in Oct 2006 with 20% down for a $250K house. Got a 30 year mortgage at 6.125%. With the emergency fed rate cut yesterday, is now a good time to refinance or do you think it will go down more? How much cash do you need to refinance? Thanks!
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