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<rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/"><channel><link><![CDATA[http://www.trulia.com/voices/rss/activity/94127---77535]]></link><description><![CDATA[Trulia Voices ]]></description><language><![CDATA[en-us]]></language><item><title><![CDATA[I am interested in hearing educated opinions about general refinancing guidelines and best practices.]]></title><link><![CDATA[http://www.trulia.com/voices/Financing/I_am_interested_in_hearing_educated_opinions_about-101359]]></link><description><![CDATA[I bought a house in San Francisco, CA in Nov of 2006 with a 30-year fixed first mortgage (6.375% - 10 yr interest only option) and a second (7.375% - balloon due in 15yrs). With current rates hovering around 5% on conforming loans I am now interested in refinancing. Today I received a good faith estimate - paying 1 point - for a rate of 5.5% - getting to a break-even point in about 16 months. I plan on staying in the house for at least another 5 years. Are there general rule of thumb guidelines as to a desirable break-even point when refinancing?]]></description><pubDate><![CDATA[Sat, 21 Mar 2009 00:01:29 PDT]]></pubDate></item></channel></rss>
