We refinanced our mortgage from 4.5% to 3.5% 30 years fixed almost 4 years ago. Due to the COVID-19, the interest rate went down to the point that’s too good to pass, 2.1% to 2.5%. We would like to share the experience of refinancing online vs mortgage brokers. The online brokers have low overhead, therefore […]
Tag: loandepot.com
We refinanced our house one time since we bought it. The rate was 4.5% fixed for 30 years and with FHA, PMI was $295/month. My broker called a month ago and recommended me to refinance before the rates goes up sometimes next year. We have one more year of the PMI and we could get […]