Based on my rates I could probably offer you around 5.75% - 5.5%
Saving you $175 a month+
How long are you going to be in the home most likely? I know ARM loans have been made to be the plague but FHA ARMS are outstanding. They can only go up 1% each year and you can always streamline into a fixed in the future if needed.
FHA "streamline" ARM:
3YR is 4.75% = savings of $480 to you a month!!
Contact me if you want to look into it further, we can fund FHA in CA
Kyle Hufford - Nova Home Loans
You should be able to do a Streamline FHA refinance right now. Rates are still historically low even with the market volatility. Since rates last year were significantly higher until December. Feel free to contact me with any questions.
That would really depend on your current loan amount and rate. You might need to take advantage of what is available now instead of waiting for something that might never appear.
Feel free to contact me for more information.