Refinancing a mortgage? Make sure that’s really going to cut your total costs
Charles and Nancy Henson refinanced their home mortgage last year, and Charles Henson says it was not a difficult decision.
February 12, 2010 | Tconsoli | Comments 1 | Filed Under: Daily • Government • News • Wall Street • World
Allison S. | Feb 14, 2010 | Reply
Joe, would you say this is a smart move? Taking out a 30 yr loan at a higher rate knowing you plan on making additional payments so you can pay down the loan in 15 years – why not just take a 15 year loan at a lower rate?