Question by confused: Home refinancing equity vs mortgage?
Have an equity on the house (both husband and I are in our 60’s). Now that mortgage rates are so low would it be better to refinance at a fixed rate or keep my variable equity and just put extra money towards the principal. Would love to get out of this financial problem as quickly as possible (before retirement)
Answer by golferwhoworks
I would get the rate fixed now if I were you
I ama a mortgage banker in TN
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