Zeev's Turnips Patch-No Politics (ZEEV)

[punkle]

Try a 15 year fixed and you will get lower rates than the 30 year fixed (if you can afford the payments).

Also, make the lender pay for ALL your costs, INCLUDING TITLE, DOC, ETC. They will do this by giving you a slightly higher rate (maybe a quarter of a point or so) but this way every time the rates go lower by at least a 1/2 point or so you can refinance with no cost out of your pocket.

Of course make sure there is no prepayment penalty for paying off your loan early.

That's what I've been doing and am just about to refinance again. If you go through lending tree, you get about 100,000 United Airlines (four round trips in US) miles for every $500,000 financed.

Hope this helps anyone on the thread.