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How in the devil did you manage to get a 4.5% mortgage????
Where was I?

In December of 2002, I refinanced my mortgage to 15-yr 5.375%. The next year, rates had dropped again. Upon calling, my mortgage company indicated that the best they could offer was a new 15-yr at 4.625% (a 14% drop!).

I passed on that 4.625% offer, foolishly believing that the rates would continue to drop. I also believed that there had to be at least a 1 point drop to make it worth my effort.

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