No. of Recommendations: 0
Do NOT refinance unless you can pay the costs out of pocket OR you are getting at LEAST 2% off or you are planning on staying in this home for at least five years.
Thanks, we plan to live here for 20+ years, this company goes back to their pool of investors to pick up costs of refinancing, rolling you into lower arms along the way. Assuming (?) we are getting the straight scoop, it seems like a win, win, as long as the arm stays below 7 3/8%. What am I missing?
Thanks,
MGL

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