Growin' Up Gregory

Over the past week, mortgage rates hit an all-time low...again.  If you didn't get in, don't fret.  They've only crept back up slightly.  For some, it makes refinancing at these ridiculous rates not as beneficial.  But for others, they still stand to save significant amounts of money by refinancing.  My recommendation - examine your budget, find an expert mortgage loan officer, and do some math. What's Your Goal? What's your goal from refinancing?  Do you just want to say you have a stupid low rate?  To be honest, that was part of the appeal for me - I felt like it would confirm that I was an expert.  Never mind the part that I pulled the trigger last August and refinanced then when I thought they had bottomed out.  We can watch trends and make guesses, but none of us inside or outside the industry knows exactly what rates will do in the future. Are you looking for monthly savings (lowering your payment) or long-term savings (reducing th...