I one and only owe $65,000 on my mortgage, next to a 5.15% APR.....can I seize a Home Equity loan (or another loving of loan)

with a cheaper interest rate, to pay bad the remainder of my mortgage??
Answers:
You have a great rate. I don't recommend for you to refinance unless you enjoy too. Just incase if you have to do to personal reason. Look on this pattern site to see if you can get a rate closer to that.


http://www.amerisave.com/partner/chongth…
That is a really good interest rate, you aren't going to find anything cheaper than that. What you want to do is refinance, a HELOC will be a higher rate. But as eveyone is advise, stay where you are. Source(s): Oregon Realtor
Cheaper interest rate? Stay where on earth you are at! That is a great rate & no one will be able to throb it!
You want to pay rotten your mortgage with a home equity loan? That makes no sense. Further, 5.15% is a lower rate than you will find anywhere very soon.
There's not much out there if any without paying points. Stick near it.
That's a darn good rate. I would stick beside it. I don't think you are going to get a rate lower than that.
You won't find a cheaper rate than that in this economy. Stick next to your current rate until it adjusts.


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