Thread: Life Refi Home Mortgage to drop 1%
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Old 06-04-2020, 09:07 AM   #15
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Join Date: Sep 2005
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Quote:
Originally Posted by neech View Post
That's what I understand as well.
That math just doesn't check out and it may date back to when a 2 point reduction was from 10% and actually feasible.

But if you're sitting there at 4% on a 30 year note, are you really going to try to say it takes a drop to 2% to make it cost effective? No !@#$ing way. Not even close.
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