Originally Posted by jlukja

Your mortgage rate has no bearing on the sale of your home (unless you have a really low rate which is assumable). If you're selling in 36 months you would only save $360 in monthly payments with your CU, not worth the $2500 in closing costs. I vote you just keep the loan you have.

BTW, we're refinincing and have locked in 4.75% with one point. Countrywide also has a one-time rate float down in case the rates fall further.