Hi Guest,
The details that you have given is not enough to say whether or not you can refinance the mortgage. Well, you need to have equity in your property in order to get a mortgage refinance.
Take care
The details that you have given is not enough to say whether or not you can refinance the mortgage. Well, you need to have equity in your property in order to get a mortgage refinance.
Take care
You can go through this url to know about the eligibility criteria of HARP http://www.makinghomeaffordable.gov/programs/lower-rates/Pages/harp.aspx
With interest rates still at historical low levels, it is good to refinance at this time, however you should get in touch with your lender to determine if you qualify.
Yes, the rates are certainly lower than what you're presently paying but you also need a good credit score in order to get a refinance loan. What is your present score?