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Old Apr 25, 2006 | 11:24 am
  #1  
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Join Date: May 2003
Location: Raleigh,NC
Posts: 318
Miles for Refinance

Hi guys!
I am getting my mortgage re-financed from a 3/1ARM to 10 years fixed - 30 years if the rate makes sense.
Is anybody aware of any mileage earning opportunities - I am currently getting a rate of 6.125 for 30 years with NO closing costs and NO out of pocket poeriod. Is there any airline mileage affiliated bank that you guys are aware of that could match the rate?
FYI - I live in the Alameda County,CA - feel free to PM me if you'd like.
Your help, as always, is greatly appreciated.
Thansk!!
Naren
nbarve is offline  
Old Apr 25, 2006 | 1:31 pm
  #2  
 
Join Date: Jun 1999
Location: San Diego, CA
Programs: AA, Hilton, Marriott
Posts: 469
Good rate - with who?

That's a good rate, especially for no closing costs. Who's the lender?
Captain Mike is offline  
Old Apr 25, 2006 | 4:31 pm
  #3  
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Join Date: Jan 2006
Posts: 4,020
As to the miles, I don't think there are any particularly good deals out there for miles right now. Last year was a different story as a search of FlyerTalk will show.

As to the rate you mentioned, I have to wonder if it is legit. No lender can offer a refi rate really lower than the going rate, and yours looks a bit too low. Perhaps the lender is going to try to bump you just before closing?
biggestbopper is offline  
Old Apr 25, 2006 | 5:13 pm
  #4  
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Join Date: May 1998
Posts: 2,513
I have lots of offers listed in the Home Buying section of the Finance page of my website below. Be sure to check the special offers for each airline of interest.
pgary is offline  


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