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Help a Reader: Good Time to Refinance?This is a discussion on Help a Reader: Good Time to Refinance? within the Mortgage Refinancing forums, part of the Mortgage and Loans Forum category; Is it a good time to refinance my mortgage right now even amidst all this craziness happening in the market? ... |
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| Mortgage Refinancing If your current mortgage has a high interest rate, you’re stuck in an adjustable rate mortgage, or you want cash out or to consolidate your debt, the answer to your mortgage problems is refinancing. Mortgage refinancing allows you to pay off the remainder of your existing loan by taking on a new loan with better terms. However, there are a number of mortgage refinancing options available to you. And within each of these options, there are particulars you need to be aware of. |
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Is it a good time to refinance my mortgage right now even amidst all this craziness happening in the market? Currently I have an 80/15 split. The 80 I have at 5.75% until 05/2010. The second I have at 7.49% until 5/01/2010. ...
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