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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 2:32:48 PM
From: dawgfan2000  Read Replies (1) of 52237
 
DMP, OTOT

I just refinanced at 7.00%, no points, 25 years, $50 fee. This is the third time I have done this in the past 6 months. I am not willing to pay points at this point as I am not settled on staying in my current home for 2+ years (the payback on paying points vs. pymt savings.) I have the flexibility with my loan package to refinance at any time, as many times as I like for $50. The flexibility is what I need, should I decide to sell and move on. B of A is the lender. Hope that helps. I do believe the rates could go down another 50 points (sure hope so!) Look at the 15 yr plans too, or plan on making payments every 2 weeks (pretty amazing what the savings adds up too in the long run).

cheers!
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