Have you heard the “rule” that for a refinance to make sense, you have to lower your rate by at least 1%?
With rates at the lowest level we have seen for a long time, and the Fed talking about a rate cut in the near future, I dive into the 1% myth this week.
RJ Baxter
Branch Manager
303-670-0137 – Direct/Text
720-398-3314 – Fax
165 S. Union Blvd #400
Lakewood, CO 80228
