sjc@lambda.UUCP (Sandy J. Cifrodelli) (03/06/86)
I just started to read this newsgroup. Could someone summarized the 3% rule argument? It seems to me that it would take more than a 3% difference in interest rates to breakeven in three years, especially with the high closing costs that are apparent today. Also what closing costs that were paid on the initial purchase would not have to paid with refinancing? Thanks Sandy