|
I'd shop it a little bit. I'm not familiar with what rates are now- used to be a mortgage broker almost 20 years ago. You can roll in the refinance costs into the new balance or keep the balance the same with a higher rate. Being that rates are probably really at a historic low, I'd say go for the lower rate and not plan on doing this again. You might find a better rate at 15 years, maybe less, if you can get it over faster with payments you can still afford.
__________________
Good post? Leave a tip!
O - $1
O - $2
O - $3
|