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Old 06-18-2020, 12:09 PM   #1138 (permalink)
jwick
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Join Date: Dec 2010
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Quote:
Originally Posted by bunk View Post
Its a weird time. The employment report drove the interest rate up a couple weeks ago, this week the report wasnt too good, but the stock market is doing well.

I think Im gonna go for a rapid report for my credit and see what rates they give me. USAA interest was over 4 before I paid off my debt. My buddys broker said he can probably get me below 3.
THEN I was thinking do I really wanna stay in CA.... But that opens up a whole 'nother can of worms...

We close on our refi next week. Went from 4.25 to 3.25. Looked at going with a 20yr but the rate wasn’t any different than a 30yr. I also wasn’t willing to commit to a 15yr in this current market. Bi-weekly payments and an extra $150 a month and I turn my 30 into a 15yr anyway. That works for me and I can always dial back to the minimum if needed.
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