In article .com,
wrote:

I don't know about the no-cost part, if you can't afford a thusand or
two to get a mortage how does one afford a house in CA ?

I second that motion. When you do a no-cost re-fi, you are
rolling the mortgage costs into the loan. That is bad. First,
you are upside down. Second, you are paying one time fees
for 30 years. Third, no-cost loans normally are at least a
quarter to half point higher than a traditional loan.

-john-

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John A. Weeks III 952-432-2708
Newave Communications http://www.johnweeks.com
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