TopHot
Should I refinance my house?
Should I refinance my house? I purchased my house last year in September. I have $213k left to payoff. Currently I have a 5/1 ARM at 7.78%. Is it worth it to refinance to a 30 year fixed now at let's guess 6.625%? After the 5 years it could go up to a max 14%. My goal was to pay it off in the 5 years but I would rather use the money for other stuff if possible. Thanks!
...
Category:
