Went with my bro and sil to the bank today to see about getting them refinanced. They were in a 30 yr loan for 5.3% and also had a small 2nd mortgage (I think like only $5K or $6K) for 6%. They are going to be able to roll them both together now, and go down to a 15 yr for 2.87%! YEAH!! Happy for my bro and very proud of their credit scores that helped them get that great rate. Now when my Godson turns 18 his parents house will already be paid off.
Bro is refinancing too :)
September 21st, 2012 at 08:49 pm