realistic re-fi rates?

[budrow]

guys trying to figure out whether to refi what i owe on my home or not.

I owe $66K and paying 6.25% on a 30yr note. What can be expected with A credit on this amount for say a 10 or 15yr note?

Those that do this everyday - sure would appreciate your feedback - thanks.

[budrow]

ttt

[Capuchin Monkey]

I rei-fied last month and got a 15year at 3.375%. But I think it has gone up a little since then.

[captainsling]

How long have you had a mortgage. With 66k as a balance it seems you either put a lot down or have been paying a while. On a 15 year you should be below 4%. if you have had it a while you may be paying more on principal than warrants doing a refi. I am in no way an expert.

[gofish24]

low 3's. only problem is some lenders may not do that low of an amount.

[Huntindad]

I did something similar recently. with credit union there was ZERO closing cost... got a 5 year loan... soon I will be done.

Check their websites, they have the rates posted.

[one66stang]

Closed yesterday on a 15yr 3.25% and they came to the house to do it on a Saturday

[manwitaplan]

Typically trying to refinance anything under $100,000 will need to go through a credit union.

You should still be in the low mid to low 3's on a 15. Credit union's may offer a 10 yr.

Make sure you shop the rate.

http://www.bankrate.com/funnel/mortgages/mortgage-results.aspx?prods=215&points=&loan=66,000&market=18&perc=20&ic_id=CR_searchMtgRefiStateCity_refinance_15yearfixed

Refinance Mortgage Rates: Dallas, TX
Find the best and latest Refinance Mortgage rates for Dallas, Texas.
Search Summary
Your Search Results Range Bankrate.com
National Average Bankrate.com
Site Average
15 yr fixed refi, 0 Points 2.97% APR - 3.94% APR 3.28% RATE 3.15% RATE
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APR: 3.94%
Point: 0
Est. payments: $476
Credit score:
Percent down:
Glossary Terms 15 year fixed refi, 0 Points, Credit score 740+, 20% down - Change search
Lender APR Rate Est Payment/Fees Have Questions? Learn More
Lender info

3.755%
Fri May 4
3.375% at 0.000 pts
50 day rate lock

Payment: $468
Fees in APR: $1,699
More details

877-363-4590
(Toll-free, no obligation)
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Lender info

3.547%
Fri May 4
2.990% at 0.000 pts
45 day rate lock

Payment: $455
Fees in APR: $2,495
More details



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Lender info

2.967%
Fri May 4
2.750% at 0.000 pts
30 day rate lock

Payment: $448
Fees in APR: $996
More details



Next
Lender info

3.580%
Fri May 4
3.375% at 0.000 pts
30 day rate lock

Payment: $468
Fees in APR: $925
More details



Next
Lender info

3.940%
Fri May 4
3.625% at 0.000 pts
45 day rate lock

Payment: $476
Fees in APR: $1,400
More details



Next
Lender info

3.307%
Fri May 4
2.875% at 0.000 pts
30 day rate lock

Payment: $452
Fees in APR: $1,950
More details



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Lender info

3.317%
Fri May 4
2.875% at 0.000 pts
30 day rate lock

Payment: $452
Fees in APR: $1,995
More details



Next
Lender info

3.093%
Fri May 4
2.875% at 0.000 pts
30 day rate lock

Payment: $452
Fees in APR: $995
More details



Read more: Mortgage Rates in Dallas, Texas by Bankrate http://www.bankrate.com/funnel/mortg...#ixzz1u8BsIL3T

[Cajun Blake]

give Stan R a call or drop him a PM ......

I'm in Louisiana and his rates beat my mortgage broker by a full 0.5% which will save me several hundred dollars a month

[Mudslinger]

We refinanced under 100,000 over a year ago and did not have to go to a credit union. Everything i did I did over the phone except for signing the final papers. Only did a 10 year note. Some of the refinance cos. will not look at small amounts. I looked into Lending Tree and their minimum was $200,000.

[rferg84]

I broker mortgages and just did a 10 year @ 3.125% for a client last week.

[jlopez]

It's a great time to buy or refi!

[JayB]

I think the minimum is $40000.00. I can help you on the title side. Ours fees are the cheapest around, and we will send a notary to meet you at work, home or even a restaraunt. PM me if you need title company help.

JayB

[Hawk77]

My minimum is $50,000. I would be happy to look at your situation. I would expect about 3% for a 15 year refinance.

[Russ]

You jackwagon! You sell realestate for a living! You may not be a smart man but I know you can figure it out Bud! LOL