current mortgage interest rate trends?
I am considering refinancing now. But if I wait six months, I will have time to do some remodeling that will definitely bring up the value of my house. This would decrease my loan to value, hence no PMI payments….I however know nothing about the current mortgage trends. I can get a 30 yr fixed at 6.125% with a broker I am working with now. Am I risking too much to wait 6 mos to refi? I currently am in an interest only loan of 7.25% I only did it to get the house knowing I was going to refi in the future. So do I do it now or in 6 mos? I don’t gain much, other than a more stable loan by refi now. Thank you Thank you
fix up the home but when you refinance tell your friend you want 5.875 or better you could get it now if you needed.
i would definately get the upgrades done asap and then refinance but dont wait till the last minute.
and when you do refinance make sure you get he rate you want and try to get it under 6% its possible now and if things dont go up you should have no trouble getting it
CA Interest Rates: Daily Market Report April 17
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