I own a 6.0% mortgage, can i consult to my hill to lower my rate?
With the recent drop in 30 yr fix rate to closer to 5.0%, is there a agency for me to lower my rate without having to refinance to another loan next to another bank? Can I just yak to my current bank and ask them to lower my rate without me have to go through all the hassle and paying the fees to refinance? I enjoy great credit, never missed a payment, and are still in honest financial situation but just wanted to lug advantage of this new lower rates.
Answers:
My guess is you would own to refinance and pay the points. I highly doubt they are in recent times going to lower the interest rate without the fees. They are in business to sort money off the fees. LOL Call and ask though, maybe they will split the allowance with you, but, at any rate, one full percentage is really worth it to get your allowance down, don't you think? Even IF you have to reimburse a fee?
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Answers:
My guess is you would own to refinance and pay the points. I highly doubt they are in recent times going to lower the interest rate without the fees. They are in business to sort money off the fees. LOL Call and ask though, maybe they will split the allowance with you, but, at any rate, one full percentage is really worth it to get your allowance down, don't you think? Even IF you have to reimburse a fee?
Related Questions:
When calculating levy funds from mortgage interest, should you use your marginal duty rate or average import tax rate
The TurboTax and HR Block quick calulators appear to use average tax rate to determine duty savings. Our average tax rate be 15% this year. Most other calculators specifically designed for calculating mortgage interest tax...