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I am thinking about refinancing out of our 4.15% rate. Does anyone know if rates are going to go up? Will it really be worth it?

by nicole75 from Rossville, Pennsylvania. Mar 25th 2016 Reply


Brian Devlin (briandevlin)
#103 ranked lender in New Jersey - 12 contributions

No one knows if rates will go up or when. The best thing to do is to talk with a mortgage professional who will take the time to review your current scenario and see if it is worth it to refinance.

Mar 25th 2016
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Lorne Harvey (lorneharvey)
#80 ranked lender in Washington - 431 contributions

Hi Nicole,It may make sense, and I would also suggest you consider a 15 year term.Definitely want to see what the total cost is and determine your break even point to see if it makes sense.

Mar 25th 2016
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