Quote:
Originally Posted by dmccarty  Just a heads up for TBNers....
So if the valuation is not an issue then we will have a 4.5% rate on a 30 year mortgage. The closing costs are $2,500ish with a 1% origination fee. That fee is a big ouch!
Dan |
We just tried to get a 4.875 loan @ around 1500 closing.
Here in Michigan, the only homes selling are those at Sheriff's auctions. Needless to say, that's terrible for valuation. Of 4 comps near our home, you're looking at 3 auctions and an estate sale on the cheap. So, no re-fi for us.