Related Posts
More Posts
What is everyone's favorite whiskey, and why?
Additional Posts in The Water Cooler
HOW BOUT THEM COWBOYS
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
What is everyone's favorite whiskey, and why?
HOW BOUT THEM COWBOYS
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Download the Fishbowl app to unlock all discussions on Fishbowl.
Copy and paste embed code on your site

Scan your QR code to download
Fishbowl app on your mobile

Thank god you tagged five different random firms.
I refinanced maybe 6 months after getting my original mortgage. It was very cheap to refinance and the drop in rate was worth it. According to me, it’s never too early. Just make sure to do cost benefit analysis.
Not sure why you’re tagging everyone but 6 months in is fine. However the rates these days are so minimal I’d probably focus your energy elsewhere.
I refinanced a year into the mortgage. From 3.25% to 2.65%, 4k fees. I would say run the numbers. I don’t think you will get a lower rate than where they were in May though.
OP- Serious question. What exactly is the purpose of you tagging firms?
Bowl Leader
Twofold: 1. Better chance at getting numerous responses 2. Trying to grow the bowl I started 🙂
There is such term as “serial refinancers”
Six months
If you’re refi’ing in Illinois or Florida - have a phenomenal mortgage broker I can refer you too
Check if the savings you will have with lower and extra installments offset the closing costs.
Check the closing costs. If it ain’t much, then go ahead.
If the market value has increased enough to get rid of PMI that makes sense. Otherwise run the numbers for value analysis and payback time