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mosesbotbol · 08-27-2010, 06:50 AM

Stay away from an ARM if possible. If the fixed rate terms work, then that's it; no worries. Another thing to consider is over valuation of your property. If you take a loan out on a value you're never going to get, you'll be upside down and that is the worst.

13 payments a year will shave a lot of time and interest off of a mortgage.

08-27-2010, 06:50 AM	#17
mosesbotbol That's a Corgi Join Date: Oct 2008 First Name: Moses Location: Boston Posts: 6,171 Trading: (6)	Re: Refinance Stay away from an ARM if possible. If the fixed rate terms work, then that's it; no worries. Another thing to consider is over valuation of your property. If you take a loan out on a value you're never going to get, you'll be upside down and that is the worst. 13 payments a year will shave a lot of time and interest off of a mortgage. __________________ Port Wine & Claret \| British Cars \| Welsh Corgi's