I just caught the headline in the paper. Checked it out at Bankrate Clicked on some of the advertisers & wouldn't you belive that 9 out of 10 don't publish the same rate on their web page [img]/forums/images/icons/mad.gif[/img] [img]/forums/images/icons/mad.gif[/img]

Better luck with "truth in advertising" on the boston globe realestate web page.

In any case, looks like it would be advantagous for us to refi. We are currently 11 months into a 30 year fixed at 6.5% (we didn't pay any points)

Lowest published are 5.25% with 2.5 points, but this doesn't seem to exist. Best verified rate so far is 5.375 with 2.5 points.

I keep hearing "don't pay points" But why [img]/forums/images/icons/confused.gif[/img] The monthly savings in a lower mortgage payment will pay the points & closing costs (est $3K) off in less than 4 years!

Thoughts?