The downward spiral of mortgage rates has created some great rate opportunities, but as a self-identifying rate-chaser, I can tell you that I'm worn out.
We've refinanced 1-2 mortgages/year every single year for at lease five years - each time thinking there's no way rates could possibly get lower.
Then they do.
And we refinance. Again.
We are doing our last primary residence refi right now (ask me how many times I've said that). I'm tired of paying for appraisals, but every time I run the numbers, it makes sense.
Will rates get lower? At this point, I sure hope not.
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