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Refinance Rates for Today

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Company Loan Type APR Est. Pmt.

Mortgage refinance

Posted on: 03rd Aug, 2012 09:06 am
I have 26 years 6 months left on my 30 year Mortgage. Balance is $121,589. 5% interest rate. Prinicipal and Interest payments are $718.54 per month and Escrow payment is $132.51. I have been consistantly adding an extra $200 in additional Principal payments each month for the last year. When I signed I put down 10%, took out a home line of Credit for $16,600 and then borrowed the rest on this loan. I have already paid off the home line of credit, but did not close that account in case it was needed down the road. Should I close that account and refinance to a 15 year loan? This is a townhouse if that matters.
Depending on your credit, income, assets, debt, and locatio of the property 15 yr rates are between 2.5% - 3% If you want to click on my profile and contact our office we would be happy to discuss options.
Posted on: 06th Aug, 2012 12:10 pm
It would be good if you refinance for 15 year and closing the other account should be left for future if it not comes to use for a certain time
Posted on: 27th Sep, 2012 04:15 am
If you want to refinance your home and know that HOA is presently in judicial proceeding with developer. It is not possible to refinance your present mortgage if you are in litigations and it is not the right time to refinance.

[External link deleted as per forum rules. Thanks.]
Posted on: 28th Sep, 2012 03:01 am
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