Mortgage Refi Question

That would be debatable but you can't really rely on their government debt yields to prove it because the markets are obviously broken. I do believe that the US is in much better position than even Germany right now. It is generally not a pretty picture so being the best of a bad lot isn't that enviable.

Rhetorical question -- is anybody in good shape?
 
Want until the rates go negative and the mortgage companies PAY you 1% just to take their money. It's the new Trump economic plan* for the Fed. :rolleyes:



* Also known as the Dire Straits Money For Nothin' Plan.

This isn't Trump's plan. This is modern day economics.
 
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I doubt many people are at 2.875% like Bank of America is offering today
 
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I doubt many people are at 3.875% like Bank of America is offering today


I got a 3.00% - 15 year loan a couple years ago and my lender said, "you'll never get cheaper money." I want to turn it into a rental in 5 years, but it's going to be really tough to either refi it on a 30 year with a higher rate, or pay it off with that rate staring me in the face.

Damnit, if he wasn't right.
 
I got a 3.00% - 15 year loan a couple years ago and my lender said, "you'll never get cheaper money." I want to turn it into a rental in 5 years, but it's going to be really tough to either refi it on a 30 year with a higher rate, or pay it off with that rate staring me in the face.

Damnit, if he wasn't right.
I miss typed it. its at 2.875% so he actually was not right
 
Agreed, I just noticed last summer that some of the lyrics haven't aged well.

I do not see the problem with them -- they are clearly intended ironically. Then again, taking things at face value nowadays... in a stadium with 60,000... umm... yeah.
 
5 years into my 30 year mortgage. Current rate is 4.25%. I might look into 20 or 25 year loans if I refi
 
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