ANSWERS: 2
  • This depends on many things. How long you intend to stay in the home, how much diffeerence in monthly payment it makes along with the type of loan you are in now and what you are looking at in the future. There is not a standard answer that fits every situation
  • Depends on type of loan you have, percent rate, how much equity in house. If you have a high interest rate or an adjustable rate mortgage, I would go balls to the wall as soon as money is available from the bailout. Thats what the funds are for.Go get it.

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