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Open Question: Are the interest rates the same between people who take a new mortgage

Open Question: Are the interest rates the same between people who take a new mortgage

This is a discussion on Open Question: Are the interest rates the same between people who take a new mortgage within the Mortgage Refinancing forums, part of the Mortgage and Loans Forum category; I want to take advantage of the decline in intest rates by refinancing my mortgage. When I search online I ...

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01-28-2008, 07:31 AM

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Open Question: Are the interest rates the same between people who take a new mortgage

I want to take advantage of the decline in intest rates by refinancing my mortgage. When I search online I find a lot of rates quoted for new loans but not much for refinancing. Is it safe to assume the refinancing rates will be similar to the new buyer's rates (with the same terms and credit rating of course)? Thanks.

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