Scott Saradin's (scottlovesloans) Blog

This is the same as asking how much does a house cost?  A rate is useless until you attach a borrower, credit history and income and time-frame to it.  Every deal sings its own song and blurting out a rate is a disservice to a buyer. Take for example a recently quoted rate to a client with an imm...

 I hear many times you should re-finance when the difference in rate is 1% or better.  This is quite a broad statement.  There are so many reasons to refinance and rate is just one of them.  Expanding your loan balance to re-steructure your debt is  a better approach than just having a lower rate...