I am looking to refi now as well (currently at 6.25 on a 30 year). I am certainly no expert at this stuff, but is it possible that some kind of gov. bailout program will make money super cheap in the future? I heard someone say this this morning on MSNBC or one of those shows - said to wait to refinance because money will be available (through TARP or a similar program) at around 4% in near future...
I am looking to refi now as well (currently at 6.25 on a 30 year). I am certainly no expert at this stuff, but is it possible that some kind of gov. bailout program will make money super cheap in the future? I heard someone say this this morning on MSNBC or one of those shows - said to wait to refinance because money will be available (through TARP or a similar program) at around 4% in near future...
Posted by: TigerNYC at December 3, 2008 11:03 AM in response to Refi Wave on the Way?