What is the best refinance rate

Best rate? Based on what? Fixed, ARM, 30-yr, 15yr? Best rates with paying discount point, best rate with no origination costs, best no cost loan? Best rate for high credit scores, low credit scores? Best rate on a cash out refinance or a no cash out refinance? As you can see, this is just a small sample of the many variables that go into quoting an interest rate. What was best for one person, may not be best for you. This is why the only way to get a proper quote is to actually TALK to your local mortgage professional (not some online rate quote). Let them ask a few questions, and then zero in on what is best for you and your personal situation. For mortgage loans in MN, WI, or SD, visit me at www.JoeMetzler.com