Posted: 7/24/2007 5:48:08 PM EDT
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I bought a house in 2006 and the mortgage is split into two accounts. The interest is variable for the first two years. It was promptly sold to Countrywide after 8 months and since then, they are hounding me to refinance. I mean HOUNDING! Two or three letters a week and inserts with every monthly bill plus two to three phone calls a month. Seeing as how the housing market is so depressed right now why do you think they are trying to get me to refinance so badly? It is scheduled for a review at the two year point and I just don't see why they are doing it. It's a good guess that it's for their benefit and not mine. Any ideas are welcome. |
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you know all those fees you pay when you refi? (or fi the first time?) That's all profit to mortgage people of course they want you to refi. And I always ask them "did you actually look at my loan?" And they do and they go "oh, sorry, never mind" Seriously, you can tell them to stop calling adn they will. |