05-30-2004, 11:14 AM
| |||
| |||
 Re: Refinance Advise Sought - quote - > I just got signed off from a remodel I am doing. I have about $200K out in
Go to Bankrate.com> credit card debt, mostly low interest fixed. My first and only mort is > about $500K and is an adjustable. I did not realize that rates have been > climbing since the beginning of the year. Is it smarter for me to refi, > maybe with a 5 yr fixed or to get an equity line to cover the credit card > debt and wait until the market cycles back to 5.5% +/-. I notice that a 10 > and 30 fixed now seems to cost the same and the 5 seems to be the best deal. > The comps in the area can carry a new first of $700K. Anyone know of any > lenders out there that have great deals right now? By the way, what are the > best websites to keep up to the date with mortgage rates and deals??? "Jack" - John H. Fisher - TaxService[at]aol.com Philadelphia, Pa - Atlantic City, NJ - West Wildwood, NJ My Newsgroups & Boards at: http://members.aol.com/TaxService/index.html Where Ignorance is bliss, 'tis folly to be wise!=  |
|
#-1
05-30-2004, 05:35 AM
| |||
| |||
| Refinance Advise Sought I just got signed off from a remodel I am doing. I have about $200K out in credit card debt, mostly low interest fixed. My first and only mort is about $500K and is an adjustable. I did not realize that rates have been climbing since the beginning of the year. Is it smarter for me to refi, maybe with a 5 yr fixed or to get an equity line to cover the credit card debt and wait until the market cycles back to 5.5% +/-. I notice that a 10 and 30 fixed now seems to cost the same and the 5 seems to be the best deal. The comps in the area can carry a new first of $700K. Anyone know of any lenders out there that have great deals right now? By the way, what are the best websites to keep up to the date with mortgage rates and deals??? |
| Tags |
| advise, refinance, sought |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| Advice sought on master's degree in taxation D.F. Manno: I'm considering a career change, and am giving some thought to going into taxation as a full-time job. My experience in taxation is as a tax... | Taxes | 1 | 06-05-2007 07:19 PM | |
| Please advise on 401k choices... heportillo@gmail.com: Hi, My company is just beginning their 401k plan. I am 23 and making $50k a year. I can stomach about 6% of my salary. Here are the options... | Microsoft Money | 2 | 09-09-2006 02:40 AM | |
| What would you advise? LKYPon: Here's the fact pattern: Son is 50 years old and has lived with his parents his whole life. Both parents are deceased and he is still living in... | Taxes | 4 | 10-11-2004 04:40 AM | |
| Need advise on depreciating M. B.: I am a professional self-employed musician (and have been filing as Schedule C for the past 13 years). In January 2003, I purchased a new piano... | Taxes | 2 | 02-19-2004 03:13 PM | |
| Thread Tools | |
| Display Modes | |
| |
Linear Mode
