Posted on: 21st Jan, 2009 01:50 pm
in CA? I've got a 6% for 30 year fixed rate.
hi mdescamps,
there are a certain things that you should keep in mind before refinancing the property. you should remember that refinance includes the closing costs. so you will have to think whether you can pay the closing costs while refinancing the property or not. again people generally refinance when they decide to keep the property for a longer period of time. so are you willing to keep the investment property for a longer period? if yes, then you may refinance otherwise it won't be profitable for you to refinance the property. to know more about refinancing, check out the following link:
http://www.mortgagefit.com/refinance.html
thanks
there are a certain things that you should keep in mind before refinancing the property. you should remember that refinance includes the closing costs. so you will have to think whether you can pay the closing costs while refinancing the property or not. again people generally refinance when they decide to keep the property for a longer period of time. so are you willing to keep the investment property for a longer period? if yes, then you may refinance otherwise it won't be profitable for you to refinance the property. to know more about refinancing, check out the following link:
http://www.mortgagefit.com/refinance.html
thanks