Credit score 699, can I get a 4.25% rate on a refi?

Based on your question and the information provided, you should be able to qualify. You also might want to consider a 15 year mortgage. Payment will still be lower, but the rate is below 4% right now... contact a local mortgage broker, not a bank and apply with them.. they have access to many different lenders and can match your particular scenario with the right one.. WilliamAcres.com

You should be able to get below that on a 15 yr fx. I lend nationwide and would be happy to help you. ENG Lending, A Division of Bank of England, always puts your best interest first. We would appreciate the opportunity to serve you. Please visit us at www.cincinnatimortgagerate.net. You will soon find that we are so much more than a Mortgage Banker; we are a company that is dedicated to empowering our clients and referral partners. Don't forget to visit our Facebook Fanpage at http://www.facebook.com/pages/ENG-Lending-Cincinnati/171183536269710#!/pages/ENG-Lending-Cincinnati/171183536269710?sk=wall Or Call Anytime 513-403-6260

That is a great question and I agree with both answers below. Depending on what term you have left on your current mortgage and overall goal I believe it is definitely worth taking a look at both the 15 and even possibly the 10 year rates and payments. My name is Ryan Mitchell and I am a Senior Mortgage Consultant for Coastal Finance and am located right in Quincy, MA. Please feel free to reach out to me at anytime and I am more than happy to answer any questions you may have and go over your options. My info is below....Ryan MitchellSenior Mortgage PlannerMLO#49756Coastal Finance LLC400 Crown Colony DriveSuite 103Quincy MA 02169Office (617) 237-3018

Based on your income and score, you should qualify for the best programs out there. If you don't mind the current payment you are paying, you should consider a 10 or 15 year term. Rates would be in the mid-low 3s and your payment should be pretty close to what you are paying now. If you are looking to reduce your payment and want to consider a new 30 year, rates are in the hig 3s. William is correct. Find a local Mortgage Banker/Broker and stay away from the big banks. Many of their employees are just order takers. Mortgage Bankers/Brokers are Trained, Tested and Licensed. Check out the background and qualifications of your selected Mortgage Loan Originator at www.NMLSConsumerAccess.org

You should easily qualify for a refi based on the info provided. I agree with the others, a 15yr. loan is probably the way to go if you can afford the payment.

Based on the information that you have provided here. You should be fine in accomplishing a lower rate. Today, rates for 15,20 and 30 yr mortgages are starting in the 3's and a 10 yr starting in the 2's. Everyone that has contributed to your post has provided you will good solid advise. My name is Barry Little a Licensed Mortgage Loan Officer located in Newton MA you can reach me at 617-965-1988 ext 245 or www.MassLoanInfo.com

Without knowing your loan balance, it's difficult to assess your situation. However, after paying your mortgage for 15 years, its loan balance is probably low enough for your to get a 15-year loan and easily save 100s of dollars monthly without resetting the 30-year mortgage clock. You should be able to refi into this loan at no cost with an interest rate of about 3.375%. I'm in CA and don't do loans in MA, so check out a mortgage broker there. A knowledgable one should be able to do this loan for you in the low to mid 3s.

Hello,Based on this information, you would qualify. Our Bank is the oldest Community Bank in the country and the largest Independent Bank in Rhode Island. We conduct business nationwide and would love to help you out. Please give me a call at 800-475-2265 ext. 8285 or email sthaggerty@washtrust.com