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Yet another mortgate rate question...

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Yet another mortgate rate question...

11-26-2008, 11:24 AM	#1
Bimmerbill Thinks s/he gets paid by the post Join Date: Jan 2006 Posts: 1,005	Heard on the radio about the big drop in rates yesterday. So I checked. My credit union is offering 5.375 on a 30 year. Have not checked USAA yet (thanks to work filtering their website!). This rate is pretty dang low. I'm at 6.25 now. Maybe I'll run some numbers. Good time to refinance? I need to free up cash for other purposes, otherwise I'd work on shortening the term (15 was 6.125, as was 10 year)...

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