If you currently have a 30 year fixed and go into another 30 year fixed, you will save app $200.00 per month.Depending on what your goals are, you may be able to attain other benefits.For specific rates and fees, which cahnge at least once per day, please call me at 425-773-3100. Rich Rano MLO # 120146

Is there a reason you think you might not benefit? Make an application and go for it while rates are low. Depending upon how long you've been paying on the current loan it might make sense to go to a 20 or 15 year loan. We just locked two clients this week that traded down from 15 year loans to 10!

Yes you would benefit. I have an office in U.P. You possibly could switch to a 15 year fix and have the same payment. Let me know if I can help..I am local and I am the owner.Kyle Stancato

I would definitely at least look at it and run the numbers. A good rule of thumb is you should drop your rate by at least 1.0% and in your case I would expect it to be significantly more than that. Also with your loan to value depending on the program you may not even require an appraisal. Talk advantage of the current market while you can. I am located in the here in Washington and you can call me anytime at 360-901-1023.

Absolutely you can benefit. With rates in the low 4's you would be saving over 1.5% which equates to $3000 interest savings per year. You may even be able to cut your term and keep the same payment.I would be happy to give you some numbers with an application or credit. I will be out of the office until 1:30pm today, but you can email me your contactinformation and I will send it to you today.Thanks, Curtc.tiedeman@1ratemtg.com, www.CurtTiedeman.com, 425.988.2501 direct line, 206.650.4202 cell

Rates are still at historic low's - besides the monthly payment savings, you have an opportunity to save thousands of dollars in interest savings. I would be happy to work up a payment and interest savings scenario for you.you can reach me at 425-272-2723 Located local in Bellevue, WAAll the best, Paul BenezraMLO-117023

Sure. A lot of it depends on how long you plan on staying in your home. There are always costs to refinance in one form or another. My one piece of advice to you is to choose someone local. You have a lot of willing loan officers here but make sure you choose someone who knows the market, your area, etc. Out of state and big box lenders are probably not the ticket for you. Thanks for posing your question and good luck!Paul

Hey Peter, Yes it would benefit for you to at least look into this and see how much savings a month you could receive in doing a refinance. I'm in Olympia and you can reach me at 360-915-9609 or joleary@americahomekey.comJake O'Leary - nmls58366

Absolutely! Call me and we can discuss.

Yes you could benefit from a refinance. We are a correspondent lender representing over 200 investors. We have rates for 30 year terms starting out in the high 3's. I saw one of the answers here state as a general rule of thumb you need to save at least 1 percent. That is correct, and with my company you could be looking at nearly doubleing that! 614-807-4207 Brian Dawson NMLS # 142285

You would definitely benefit. If you would like to discuss further contact us. Michelle & Benny 201-962-3555 TeamAmbassador@BestMortgageOption.com

PeterTake your current interest rate and subtract the market rate for the difference. This take your loan balance times the difference (about 1.75%).This will give you a great ball park for your first years interest savings. You still will need to correct for closing costs etc but at 3,377 in first year interest savings by simple calculations, it is and will be of great benefit. This is assuming you plan on keeping the loan and or home for a period longer than cost to savings time frame.I would be happy to break it down to the penny for you, just give my office a call at 425-437-0027.RegardsMichael RossMLO#42104

You will probably have a rate about 2% lower. Do not call me. I do not originate loans in WA. .... Good luck. ... Happy funding, Rudi