Posted on: 14th Sep, 2010 07:47 am
Good morning,
I am living in Florida and bought a house in 2005 for $160.000
As of today, the value is about $90-105K.
My interest rate is 6.5 % fixed for 30 years.
I can see the interest rate are really low right now and I was wondering if I have the ability to renogotiate my mortage.
I am not behind in my payment and my credit score is excellent but I have a my mortgae upside/down and I am not financially in difficulty and all programs to help homeowners doesn't work for my case.
My goal is trying to have a positive equity ASAP.
Thank you in advance for your advice
I am living in Florida and bought a house in 2005 for $160.000
As of today, the value is about $90-105K.
My interest rate is 6.5 % fixed for 30 years.
I can see the interest rate are really low right now and I was wondering if I have the ability to renogotiate my mortage.
I am not behind in my payment and my credit score is excellent but I have a my mortgae upside/down and I am not financially in difficulty and all programs to help homeowners doesn't work for my case.
My goal is trying to have a positive equity ASAP.
Thank you in advance for your advice