Are you looking at refinancing and thinking the rate you
were offered seems "good enough?"
It may seem like too much trouble to shop around, but laziness can be
costly. If you can find a rate that's just 1/8 point
better, that will save you about $375 this year on a $300k mortgage. And $375 next year. And $375 the year after. And so on.
And if the lender knows you're not shopping around, they might not feel
inclined to step up with their best rate.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
- www.clientpriority.com
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