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July 07, 2006
Mortgage Loan & Credit Tips: Should You Refinance Your Adjustable Rate
Should your refinance your adjustable rate mortgage now or wait until interest rates drop again? That is a question is get a lot, and its a question that clearly deserves some thought because the anwers really depends on your situation. If you have credit card debt and have equity in your home, it may save you thousands of dollars a year to roll that revolving debt into your refinance loan. If you have a second mortgage with an adjustable rate, like a line of credit, don't rule out refinancing that for a fixed rate either. Refinancing can save you money if you evaluate the market, and consider your situation before you
From Mortgage Loan & Credit Tips: Should You Refinance Your Adjustable Rate
Posted by Richard at July 7, 2006 05:24 PM
