(That's getting basic there, but it's largely true.)That said, there are always homes out there that work for those who can get creative.

@Greg DickersonVery true .

Bump the rate to 3.75%, that will wipe out most of what's left, and you will still be saving money (0.125% rate bump on a <$200k loan is very little per month difference).At this point, this is pretty damn close to a "true" no-cost refinance.

Nothing you can do about it except ride it out (if it's even really true).If the Media is "Broadcasting" it, it is probably lies--like most of everything else they put out.

I’ve certainly found this to be true in other industry’s that I’ve worked in.

@Jaysen Medhurst congrats on that property.Is it true that a commercial building can be refi-ed whenever, compared to a SF that needs seasoning? 

Is that true?

Hiw do I find out if it is true what my Realtor said and the bank messed up on the foreclosure 12 yrs ago.

Avery's advise holds true during our current bull market.

This was more true 2 years ago then today, but still true today.