Should I deliberately default on mortgage payments to refinance?
rizzodrum asked: Ok, here’s my situation… My home was purchased in 2005 for 135k. My mortgage was a 120k for a 30 year fixed at 6.5% interest. Currently I owe 117,000 on the mortgage. Due to change in employment, I need to Re-Fi at the current rates (4.65%) to drastically drop my monthly payment… Herein [...]