Quote:
Originally Posted by AMG_G
Everyone says they got the best rate but what is that rate?
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Usually something with horrible terms that will cost you 10s of thousands if you do anything with your house during the term of the mortgage. I know of a few people that had $20 a month in interest turn into $20k to get out of their mortgage when they sold their place earlier than planned.
I'm renewing currently and 3.09% is the lowest rate I could find for a 5 year that doesn't have awful restrictions attached to it.