http://wealthboy.disqus.com/enWed, 20 Feb 2008 22:09:46 -0000http://wealthboy.com/preparing-to-refinance/#comment-1853824Cool, thanks for the tips. Yeah, I've been watching both notes, but I'll definitely keep a closer eye on the 10-year T bill.WealthBoyWed, 20 Feb 2008 22:09:46 -0000http://wealthboy.com/preparing-to-refinance/#comment-1853823I think you're better off looking at the 10 year T bill as a reference of how mortgage rates are doing.<br><br>also, if I had been in your position, since you were going to refi in a year, i would have gone for a higher rate, taken a discount point (the bank would've paid me money for getting 7.5%) and gone for 6/1 ARM, which would've probably resulted in a lower interest rate from what you got and had lower closing costs.<br><br>of course, i've gone through this process over 20 times so I've learnt a trick or two.Living Off DividendsWed, 20 Feb 2008 10:00:28 -0000