I have been refinancing and making the loan companies pay ALL my costs. Whatever rate they are quoting, they should pay ALL your costs (including TITLE and DOC - make sure you are clear that they will pay these costs) for about 1/4 of a point higher than the NO POINTS rate. I would never pay 1.6 points today.
Doing it this way, every time you refinance you lower you monthly payments with NO MONEY out of your pocket. By the way, I used a company in New York to refinance my CA home.
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