Anyone refinanced recently? Market has dipped. How was the experience?

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Not a refinance, but got offered 6.5% for a 30yr recently if that's helpful

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Same. Any chance it might decrease on mondayv

Refinancing is the same process regardless of rates. It’s a lot of paperwork, but usually not much beyond that (except occasionally an appraisal).

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We are choosing to refinance 7 year ARM. Was quoted 5.125% at Wells Fargo. We're currently at 6.125% at BofA.

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I was mostly curious in the delta between the 7 year and 30 year rate. I totally agree with the approach to go with an ARM, that’s why I asked if you looked into it at all.

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F

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I'm glad I sold a lot of my stocks in the stock market.

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