Home » FHA Refinance Home Loan

Should I refinance my home loan?

Written By: admin on July 9, 2009 No Comment

I have been in my home for 6 months and the interest rates have dropped considerably. I am currently at a 6.375 APR, and I owe 157,000 on my loan. My home is aproximately valued at 5,000. I only plot on living in the home for the next 4-5 years. I currently have a FHA loan. Should I refinance to get a better rate & lower monthly payment. My wife and I have excellent credit so we should be able to get around 5%. I am curious if it will be worth it since we will be selling in a few years…

Thanks


Related Articles

Related FHA Refinance Loan Posts

Tags: , , , , , , , , , , , , , , , , , , , , , ,

Tags: , , , , , , , , , , , , , , , , , , , , ,

Digg this!Add to del.icio.us!Stumble this!Add to Techorati!Share on Facebook!Seed Newsvine!Reddit!Add to Yahoo!

Top incoming search terms for this post

Leave a Reply:

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

  Copyright ©2009 FHA Refinance Loan, All rights reserved.| Powered by WordPress| Gandhi theme by Techblissonline.com