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WB: We did a refi on our house about 2 months ago. The rates are a little lower now...
15 year for 3.125% with Wellsfargo. If we had waited it would be 2.875 now.
I played around with several brokers who started out with lower rates but then played around with type of loan (Texas has equity (you have pulled money out) and non-equity (original house mortgage or refi with no money pulled out).
I'd call the major banks (Wells, Chase, etc) and see what they can do.
You need to know
the originating fees
interest rate
points
expected other fees.
They should be able to send you a disclosure with all of the above.
most of the "No closing costs" mortgages have higher interest rates, or the closing costs are "no cash", meaning they are rolled into the loan.
You should PM Rick Lee, since he was in that line of work many years ago.
__________________
James
The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994)
Red-beard for President, 2020
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