Q&A: Is 5% good for a 30 year mortgage refinance?

Question by trose1027: Is 5% good for a 30 year mortgage refinance?
I have a credit score of 800 and my debt to income ratio is about 33%. The closing costs without homeowners or taxes figured in are about 3k. I live in florida

Best answer:

Answer by Ryan M
5% is near HISTORICAL lows. Do you remember the 1980’s at all?

Know better? Leave your own answer in the comments!

This entry was posted in Q&A and tagged , , , . Bookmark the permalink.

3 Responses to Q&A: Is 5% good for a 30 year mortgage refinance?

Leave a Reply to Landlord Cancel reply

Your email address will not be published. Required fields are marked *