Tag Archives: closing

No Cost Mortgage Refinance

Should I refinance my Mortgage at 4.75% for 15 years and pay $4000 in closing fees or go w/ a 1yr arm at 3.3%? My 5 yr adjustable is up March 09 and the 1 yr ARM resets Dec 20 which is going to be around 3.3%. There are no fees incurred if I rollover [...]