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Strategies & Market Trends : Heinz Blasnik- Views You Can Use
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To: Perspective who wrote (1008)5/9/2003 6:10:03 PM
From: yard_man  Read Replies (2) of 4905
 
I know there are transaction fees, etc. -- but I mean what really costs in terms of real resources -- i.e. labor, extra paper??

The so-called no-cost refis are usually at the same entity that holds the original mortgage -- what does it really cost them to write a new contract -- what else am I missing here??

Obviously, there is something in it for them or they wouldn't do it ...
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