Info sources for refi rates
January 17, 2009 12:56 PM Subscribe
What are the best ways to find and compare mortgage refi rates and fees? (web sites, or?)
posted by msalt to Home & Garden (10 answers total) 7 users marked this as a favorite
Rates are low, my credit score is very high, and I'm planning to stay here indefinitely (at least 5 years), but I don't want to pay a mortgage broker. Google is pretty worthless -- their pick hits are commercial sites of dubious credibility or value. EG bankrate.com lists only 1 mortgage source in Portland OR, which is ridiculous.
Looking for a 30 yr fixed with no prepayment penalty for about half the property's value, just lowest fees and rate. Contacted my existing mortgage lender (the notorious Countrywide, who bought my mortgage) but their fees seemed high -- $3300 plus 1.75 points ($4500) to get a 5% loan, plus another $1836 for some vague "prepaid" fee.