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Recently answered questions

Q&A
Asked by Gina
Answered by Ted Rood PRO+
Mortgage Professional in Maryland Heights, MO
It's all about a cost/benefit analysis for your particular loan, rather than a "refi if your rate drops by 1%" or other general "rule of thumb". It may not pay to ref...
Q&A
Asked by John
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Hi John: Yes there are definitely "no-cost" refinances. You will ALWAYS see fees but the key point is whether or not those fees are simply being "rolled into" the n...
Q&A
Asked by John
Answered by Ted Rood PRO+
Mortgage Professional in Maryland Heights, MO
All good points above, particularly using a loan officer who tracks MBS trading in real time, and who understands the factors that influence rates. Shorter term locks...