Comments on: Lowest Mortgage Refinance Rate Comparison by the Readers!

By: Mortgage Man

Mortgage Man — Sat, 20 Jun 2009 05:24:58 +0000

Very nice. Thanks for this.

By: T

Sat, 04 Apr 2009 18:08:08 +0000

What I received at WF:
$200k w/ 80% LTV
5.0% 30y fixed (1/8th above advertised rate)
Zero points
Other fees: Total “cost” was ~$1000
Note: Includes $300 deduction for having a checking acct, and cash out of pocket (or out of the loan in this case) was higher, mainly due to timing, escrow deposit, etc., but overall cost was $1000 (included appraisal, title, blah blah blah).

By: Fit Wallet

Fit Wallet — Wed, 01 Apr 2009 12:07:36 +0000

Here’s what I’m getting from BofA:
4.625% interest, 30 year fixed
1 point @ $1,736
Other fees: $3,255 (title insurance, appraisal, application fee, escrow settlement fee)

That’s if the house appraises high. If not, I will get this instead:
4.625%, 30 year fixed
0.75 point @ $1,300
Other fees: $3,255

I should recoup the costs within 40 months…not too bad. I comparison shopped quite a bit, but couldn’t beat their interest rate. They service my mortgage currently, so it was also a lot easier in terms of paperwork. I just called the officer who processed our mortgage when we bought the place 2 years ago.

By: A Carnival of Everything Home | My DIY Home Tips

A Carnival of Everything Home | My DIY Home Tips — Wed, 25 Mar 2009 16:51:41 +0000

[...] presents Lowest Mortgage Refinance Rate Comparison by the Readers! posted at Darwin’s [...]

By: Now is the Best Time to Refinance as Mortgage Rates Drop to a Record Low | Darwin's Finance

Sat, 21 Mar 2009 02:48:28 +0000

[...] you’ll want to check out what the reading community is saying about how they’re getting the lowest refinance rate based on their experiences. I’m partially through the process now and will report back once [...]

By: Dallas

Dallas — Tue, 17 Mar 2009 04:00:26 +0000

Got GFE from Aasent Mortgage
4.875%
30Yr term
1.0% Origination Fee
$2300 in other fees
$242K loan, with 80% LTV

By: Making your Own Net Present Value (NPV) Model for Mortgage Refinance and More | Darwin's Finance

Mon, 09 Mar 2009 02:45:30 +0000

[...] 8th, 2009 by Darwin I was working on a Refinance this week and was confronted with various options: Different rate/point combinations, different [...]