San Diego Housing Market News and Analysis
wait to refi now that we know rates wont go up?
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Submitted by scaredyclassic on September 18, 2020 - 11:15am
was going to lock in a 2.375% 15 year cash out refi, but since the fed says they aren't raising rates to 2023 or so, is it worth the risk of waiting to see how low is low? things tend not to stay the same, either they go higher or lower, and the fed says they wont let it go high, so...
maybe mortgage rates will ultimately slide out of their control, but generally one should not fight the fed, as they say. Is getting a refi now "fighting the fed"?
maybe beat the new .5% refi fee.
Rates seem more likely than not to go lower.
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