Refinance Home Loan Mortgage – appraisals precautions

blog about refinancing home loans and mortgages

Should I refinance my fixed 15 year 5% mortgage for a fixed 30 year 5.75% mortgage to free up cash flow?

JimBillyJoeBob asked: I am thinking of refinancing so I can free up monthly cash flow to invest. I have been looking at a refi from www.madrate.com and they offer a $289 fee (includes credit, doc prep, processing, underwriting, tax service & flood certification fees) I have been reading various advisor recommendations to have a 30 [...]

Posted December 20th, 2009 in Investing | 12 Comments »