Looking for mortgage advice from mortgage professionals

[The Old Jaybird]

You should be able to get sub-2.5% easily. I looked into this, but just decided to kick a little toward principle every month with my payment and pay off early. I have a 30, started in 2012, so 8 years in and 22 to go. But only a 55k balance.

 

[WallsGa]

@HKMurkure has been a professional in the mortgage industry for 20 years. He can help out.

what he said. of the 3 brokers i've worked with @HKMurkure was by far the best. and he got me a super duper silly low rate.

 

[webicknell]

I am not a mortgage professional... nor to I play one on TV.....

I just set up a line of credit secured by my home..... Bank offered me a .25 rate reduction if I set up with automatic monthly payments.

Something you may ask for in your negotiations ...

I also will say that my current mortgage is about 6.5% of my home value.... Gone in a couple years

 

[GeauxLSU]

It's a math equation. The only variable is how long you plan to stay in the house. (Well there are other variables but they are immaterial). Closing costs should be similar, points obviously directly affect rate.
With the balance, and the assumption on how long you'll be there, you can evaluate OBJECTIVELY any scenario you want.
<--- no longer has any mortgage.