Archive for the ‘current’ tag
Current Mortgage Interest Rates
My current interest rate on my mortgage is 6%. If rates fall to 5%, I refined? I've been here 4 years now.?
Ive been in the house since The 2004th Paid $ 420.000. The house valued at $ 470 000 2 years ago. My current rate of 6%, but if rates fall to 5%, should I refinance? Where much will my monthly payment change? Right now I pay $ 3,900 a month in mortgage / taxes / insurance (no PMI).
need to know the loan County to find out the savings. However, take 1% of loan amount divided by 12 and it is avg savings a month. I refined my house. I've bought in 2001 with a 6.25% fixed 30 YR. I'm in the process of refining with a 15 year fixed at 5%. Payment only went up 150, but it's paid off in 15 years.