Profile picture for Harley0693

should I refinance my mortgage from 30 years to 15 years?

my current mortgage is 30 years with 4.65%, should I refinance to 15 years with 3.75%? the cost is $2500

  • October 06 2010 - US
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Answers (2)

Most folks that do this end up refinancing back to a 30 year.
Best wishes, Rudi
  • October 06 2010
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Profile picture for khiyeuem
No, if you had extra Ca$h, just pump extra $ into your current morg. It will break even and secure urself in a long run... you never know how your fin. tomor.
make a wiser decision. :)
  • October 06 2010
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