I purchased my townhome in Sept. 2018 and my interest rate is 4.875%. Should I look at refinancing since interest rates have dropped some or is it too soon?
I bought my house in Dec of 2018 with an interest rate of 5.1%!! I'm refinancing at 3.2% right now. Remember that dealing with a lender is like dealing with a car salesman: negotiate, negotiate, negotiate. Lenders will give you 3.75% right now, but you can go as low as 3.2% B of A has a grant that covers *non-recurring* closing costs ( title insurance, fees, etc ).
@stefgenius Thank you I will definitely check them out