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We have an ARM 289K, 5.2% til 2012, house worth 400-425K. Need cash. Better to refi or home equity?


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March 02 2009 - Poughkeepsie
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More info is needed to determine your best choice. Post a request and come back and post the request ID. This will let us know what terms you would get on the new loan which will play a big role in this decision. Also, how long do you plan on staying in this house? If short term a HELOC is the way to get the cash. If long term, the terms of the new loan will be the deciding factor.
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March 02 2009
 
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