[Carrerax]

I just got 4.875 fixed on a 20 with no points. Closing cost were $250. My bank will always refi for $250. If you are new it is $450. I went from a 30 year to a 20 year for about $50 month. I looked into this a few days ago and decided that I would do it if they went below 5%. On Tuesday the best I could get w/0 points was 5.25 and the next morning (Wed) they emailed me with the 4.875 and she said to jump on it and I did. Im pretty happy about it. Even if they go down a bit I can refi fr cheap or just sit tight. When you get much under 5% the difference isnt that huge.
Disclaimer, Im a financial idiot........