Hi, ladies...I was thinking of doing this, but not really sure if it's worth the hassle...
I bought my house early February; and I got it for $218K. My mortgage payment, at 5.5%, is shy of $1600. Looking at the FHA refinance programs out there, and at 4%, it looks like my monthly payment will be cut to almost $1K. Did anyone take advantage of this? At $600 savings, that's a great deal. Just not sure if anyone's personally done it, and have had great results. Thanks!