Posted on: 20th Feb, 2009 02:08 pm
We just bought our house last Oct, our interst rate is 6%, and we got financed through VA loan. I see that the interest rates are low and I have been getting a lot of mails stating that I can avail of the low interest rates through refinancing loan. I am not sure how it works or whether we are eligible for it since we just bought our house. We are on fixed 30 year mortgage are paying $1800/mo. I would love to have a lower monthly payment but does not have enough knowledge on how to do it.
Appreciate all the advise I can get.
Thanks.
Appreciate all the advise I can get.
Thanks.