Posted on: 27th Jul, 2009 01:09 pm
i have a mortgage balance of 68000 with 14and a half years to go. the rate is 7 % . Should i refi to a 15 year mtg and take cash out, refi just 68000 or leave it alone?
You can probably shave at least two points off of that rate. I would definitely look into it. Speak with one of the qualified loan officers in this forum.