4.49% - 3 year fixed rate but with a smaller lender?

Just a heads up, this rate is probably going to change very soon based on the email i received this morning. Those with applications in progress or about to go in can rate lock for .25% before monday.
 
Great question OP. I think you need to think about a couple of things.
1. How much will you save in Interest payments vs the cost of moving
2. Is this helping you get to your goal or moving away from it?
3. How much do you know about the lender and are they willing to assist you when you need it?
4. Price shouldn't be the only factor in your decision. Think about the opportunity cost of moving i.e. features, help, service etc.

Hope that helps.
 
Just wanted to thank jonmardell for the heads up about the rate change. Managed to get a rate lock in prior to the 0.15% increase so fixing at 4.49. Running the application now for 2 x 3 year IO refinance.

Cheers.
 
Just wanted to thank jonmardell for the heads up about the rate change. Managed to get a rate lock in prior to the 0.15% increase so fixing at 4.49. Running the application now for 2 x 3 year IO refinance.

Cheers.

well done, good to have a win :)
 
Back
Top