Post by tardyfortheparty on May 10, 2012 19:52:21 GMT -5
We are buying new construction and can lock in 45 days out...but they havent broken ground yet and it is at least 90 days to close once they break ground....hoping we can still get a rate under 4 once we can lock....but need to remind myself that our first mortgage was 6.5% so regardless rates are so much better than they were the first time we bought.
Has anyone done a refi with legitimately no closing costs?
We did a couple years ago. It was a streamline refi through wells fargo (who our original loan was through). The rate was about 1% higher than what everyone was getting at the time, but it was still 1.5% less than what we had.