ekw1971
First Time Poster
Cash: $ 0.25
Posts: 1
Joined: 10 Jan 2011
Location: United States
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| Refinance??? |
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I have a mortgage with a balance of 53,000 and 5.0 interest rate. I have 7 years, 4 months left until it is paid off. I also have a 2nd mortgage (HELOC) with a balance of 25,000 that is at a variable rate (currently 3.625 which is great, but who knows what can happen).
Should I . . . . . . refinance to include both the 1st and the 2nd mortgages in order to get out of the variable rate on the HELOC?
Or does someone else have more suggestions?
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