For those refinancing-how long of a rate lock? cost?
Posted By |
Message |
sasha96
lovin' my 2 little ladies!
Member since 5/05 7401 total posts
Name: Julianne
|
For those refinancing-how long of a rate lock? cost?
I think DH and I will refinance our mortgage. If you are doing them same now, how long of a rate lock are you taking? Are you paying for it...could you tell me how much?
I know this is good to do but I have so much anxiety over making the right decisions!
|
Posted 3/27/09 12:57 PM |
|
|
Long Island Weddings
Long Island's Largest Bridal Resource | Prudential Douglas Elliman Real Estate |
VickiC
Rocking the party
Member since 5/05 4937 total posts
Name: Vicki
|
Re: For those refinancing-how long of a rate lock? cost?
We did a 45 day rate lock and it cost us a 1/2 point.
We figured that if we needed to we'd pay for the extra 15 day extended lock rather than pay for it right off the bat. We get the initial rate lock $$ back, but not the extended money.
Message edited 3/27/2009 1:25:54 PM.
|
Posted 3/27/09 1:25 PM |
|
|
ckone
LIF Adult
Member since 8/06 3014 total posts
Name:
|
Re: For those refinancing-how long of a rate lock? cost?
45 daysand 1/4 point
|
Posted 3/27/09 11:10 PM |
|
|
Potentially Related Topics:
Currently 1168753 users on the LIFamilies.com Chat
|