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 (yes, 5.75% check it out!!!) and they offer a $289 fee (includes credit, doc prep, processing, underwriting, tax service & flood certification fees)
I have been reading various advisor recommendations [...]