<https://www.nasafcu.com/rates-and-fees/mortgage-h...
# housingt
thankful-daybreak-55786
09/18/2025, 7:22 PMhttps://www.nasafcu.com/rates-and-fees/mortgage-home-equity/mortgage-rates 5.875%, im at 6.99%, i can keep waiting for it to go up and down but realistically idk if its gonna be so different soon? i know the fed rate is going down but that doesnt always mean mortgages do
m
mysterious-tomato-10057
09/18/2025, 7:23 PMdid you calculate the amount it would save you to do it now?
t
thankful-daybreak-55786
09/18/2025, 7:23 PMabout $300/mo if i dont pay PMI
thankful-daybreak-55786
09/18/2025, 7:23 PMthats not bad i think
m
mysterious-tomato-10057
09/18/2025, 7:23 PMt
thankful-daybreak-55786
09/18/2025, 7:24 PMyes excellent advice, i think im willing to do it for 1.125 at this point personally
thankful-daybreak-55786
09/18/2025, 7:25 PM1.5 would be much nicer but i dont see anything there atm
m
mysterious-tomato-10057
09/18/2025, 7:25 PMi would determine also the time it takes you to make back your money
mysterious-tomato-10057
09/18/2025, 7:25 PMhow much time will your savings pay off the cost of a refinance
t
thankful-daybreak-55786
09/18/2025, 7:27 PMstarting a gpt deep research for lower rates lol. and yeah it depends if i bring cash right
thankful-daybreak-55786
09/18/2025, 7:27 PMif current home value is about right then im around 80% LTV (i think thats the term)
m
mysterious-tomato-10057
09/29/2025, 5:54 PMalso, keep in mind here that you need a heter from a rov to use a credit union