Waiting to hear back from my banker but looks like Im getting 2.25% on a 15 year refi, no points and $2100 in closing cost.Is that on a new or refi because Veridian's website currently says they are not accepting new applications for refinances right now due to high volume.
I just applied for a refi earlier this week and was able to lock in a 15 year at 2.25 which was actually 0.25 better than what this particular bank had advertised on their website. Knocking off over 2% interest and about 8 years of our current loan and monthly payment is going to be nearly the same if not less than what we pay now and maybe can pay it off quicker than 15 years too. Have been shopping my current 30 year mortgage around this summer and finding that no one wants to give you their best rates if your loan is around 100k or less, if you were over 200k loan seems to get better rates the more you still owe which obviously they will make more off you bigger loan.