I only owe $65,000 on my mortgage, with a 5.15% APR.can I get a Home Equity loan (or another kind of loan) @ Mortgages Home Loans

I only owe $65,000 on my mortgage, with a 5.15% APR.can I get a Home Equity loan (or another kind of loan)

Posted on December 8th, 2009 admin 7 comments

the one asked:

with a cheaper interest rate, to pay off the remainder of my mortgage??

RUBIN

Renting & Real Estate Home Equity Loan, Interest Rate, Loan Rate, Mortgage, Remainder
7 responses to “I only owe $65,000 on my mortgage, with a 5.15% APR.can I get a Home Equity loan (or another kind of loan)”
- KN December 10th, 2009 at 20:25
  
  RALPH
  
  That’s a darn good rate. I would stick with it. I don’t think you are going to get a rate lower than that.
- reenzz December 13th, 2009 at 09:12
  
  LESLIE
  
  You won’t find a cheaper rate than that in this economy. Stick with your current rate until it adjusts.
- src50 December 15th, 2009 at 02:03
  
  MOISES
  
  You want to pay off your mortgage with a home equity loan? That makes no sense. Further, 5.15% is a lower rate than you will find anywhere now.
- mortgage underwriter December 16th, 2009 at 02:20
  
  SAM
  
  There’s not much out there if any without paying points. Stick with it.
- Biggie @ Arbor Mortgage December 16th, 2009 at 23:36
  
  JARVIS
  
  Cheaper interest rate? Stay where you are at! That is a great rate & no one will be able to beat it!
- godged December 18th, 2009 at 05:49
  
  LUCIO
  
  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 advising, stay where you are.
- Charles97 December 18th, 2009 at 21:33
  
  NOEL
  
  You have a great rate. I don’t recommend for you to refinance unless you have too. Just incase if you have to do to personal reason. Look on this web site to see if you can get a rate closer to that.