All Posts Tagged With: "2 percent"
Should I wait until rates fall 2% before refinancing?
NO. The 2-percent myth is a fable that can cost you big money. Instead, consider this approach. Ask how much it will cost up-front to refinance. Calculate how much you will save each month. Divide your monthly savings into your up-front costs. Example: Say it costs $3,000 to refinance but you can save $60 a [...]
27Aug2008 | Peter G. Miller | 0 comments | Continued
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