[Hugh R]

They advertise lower, like 2.99% but you have to have a loan of $300K or more. I have an outstanding loan amount of under $200K, they suggested, that I borrow $300K and immediately pay back $100K, but the loan payments would be based on the $300K monthly, I'd just pay it off sooner. A few of my investments pay better than 2.99% so I'll stick with the slightly higher interest rate. Its a ten year note, that I will be paying off in about 6 years, by applying monthly savings on the Re-Fi back into the note. I did this last year and went from 4.625% to 3.75% and now 3.15% APR and APY. No closing costs, no escrow, no appraisal, only a $150 termination fee on my old loan. I think my parents paid that kind of rate 50 years ago.

If you're doing OK in this economy, and not underwater on your house (mine is easily worth 3X what I bought it for 15 years ago) some things can be good.

BTW, they told me my credit score is 840.