What should i do, I hold a mortgage near over 10% interest rate, when should I try to refinance?
Answers:
Now. If you just bought your home and put very little down, you're going to enjoy trouble. Lenders have tightened up their standards and are not letting people bring loans with nothing down anymore. If that's the covering, you're going to have to wait until you build some equity. If you've be in your home for a while and/or put a good chunk down, start shopping.
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