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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: dennis michael patterson who wrote (20041)9/26/2001 3:34:22 PM
From: waverider   of 52237
 
I am currently watching a 6.75% 30 year with .375 points. I am going for a higher interest rate and lower points because I plan on paying off the entire thing within 5 years. Unless you hold longer than 4-5 years, it is best to go for the lowest points.

I'm waiting a month or so do pull the refi because I am trying to accumulate enough cash to pay down my current mortgage. Who the hell knows if it is best to wait, but in my situation it makes sense to wait until I have the extra cash.

Good Luck.

<H>
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