15 Aug Bought home in TX a year ago and now lender keeps calling to lower interest rate
Edit: Thank you all for your input. You've given me the warm n fuzzies regarding this situation. As we plan to be gone within the year, I don't think we'll be doing this specific non-refinance, but we will definitely be talking to a few lenders.
It's an FHA loan and they're adamant about this not being a refinance and want to lower my interest rate 1/2 a percent. They say it's really good for me, it'll lower my payment by $70 a month, I'll get to skip a payment, and it'll only cost us $800 out of pocket, blah blah blah.
I'm skeptical because they're a bank and interest rates affect their bottom line so why would they want less of our money? Has anyone dealt with this recently?