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How much is it costing you to refinance your house now?

Erich
I'm looking to refinance and was hoping to lock in rates at 4.5% with 30 year fixed but the bank wants 1.5 points and $2000 closing cost with a loan amount of $375, 000. This would cost me about $7000...is this too much?How much did it cost you guys?Thanks in advance.

Oren
Actually, that isn't too bad. It's in the ballpark, that's for sure. You can usually expect to pay between 2 and 3% of the loan amount for closing costs.

Belia
Hello, I am Faith Dodge I live in Hereford Texas in US with my son and daughter David and Emily, my husband died a year ago leaving me and the kids lonely, I am so much in short oif cash to pay my bills so I needed to apply for loan online I was scam the sum of 2000usd and I decide not to involve myself with loan online again, but I a friend of mine from Canada introduce me to mr Felix Brown I apply for loan and I was given a loan to pay my bills.So if you are in need you can contact him via email felixbrownloanfirm75@yahoo.com and you will get it without any delay.Thanks and wish you the best of luck.

Lucien
Your above quote from the bank is accurate. You should get a second offer and choose the lower of the two.