So, we have been in our house for about 6 years now and qualify for a Harp refinance. My credit score is better now then it was when we bought, currently around 785 on Transunion and Equifax according to CreditKarma.
My current mortgage company is Wells Fargo and they were offering to drop my 5.5% rate to around 4.3 or so, can't remember exactly. This would be going from a 30yr to 15yr fixed and would only raise my payment by about $50 a month including about $3,000 in closing cost.
The Wells Fargo rep was pushing me pretty hard to apply right now, right now, right now. Made me curious what my other options were, and if she didn't want me to look into it.
I would only be financing about $60,000 left on the current loan. Anyone have some knowledge with this stuff and know what %APR I should expect with an apparent excellent credit score?
The other mortgage rates I'm seeing on bankrate.com are about 3.4-3.6%APR.