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re: Real estate is insane. Is this sustainable?
Posted on 3/18/21 at 8:22 am to LSU1018
Posted on 3/18/21 at 8:22 am to LSU1018
I have seen some people in high mortgages get rid of their HELOC by going into a JUMBO loan with better rates. Closed a $750k loan for 2.5%- Cannot beat that right now.
And since credit card rates are so high, some people would be crazy not to refinance and pay off that high interest rates. Especially, if they do not plan to move anytime soon
And since credit card rates are so high, some people would be crazy not to refinance and pay off that high interest rates. Especially, if they do not plan to move anytime soon
Posted on 3/18/21 at 10:26 am to TMFBB21
quote:
I have seen some people in high mortgages get rid of their HELOC by going into a JUMBO loan with better rates. Closed a $750k loan for 2.5%- Cannot beat that right now.
I just did this. Home appraised almost $100,000 over my highest estimation. Was glad to get rid of the HELOC.
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