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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Ramsey Su who wrote (24568)1/13/2005 12:24:44 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 110194
 
Today people refi if they can save 1/8.

how much does it typically cost (loan fees, etc.) to refi? i imagine it is many multiples of 1/8%. if it costs a point (8/8), then that means 8 more years to break-even on the refi. or am i using fuzzy math?