- Find a Real Estate Professional
- Arkansas Realtors®
- Arkansas Mortgage Lenders
- Arkansas Home Improvement Pros
- Arkansas Other Real Estate Services
- Review an Agent, Lender or Pro
- Marketing on Zillow
- Real Estate Agent Advertising
- Join the Professional Directory
- More
Answers (2)
Best Answer
- Naoma Doriguzzi, "Naoma Doriguzzi"
- Contributions:41
- Martin Wareing, "Martin Wareing"
- Contributions:3772
Pay your mortgage. Maybe the rates are slightly better, but regardless if they still are.. your mortgage size is fairly small... They are all large to each of us, but the point is a 1% drop in rate.... maybe $100 month. That is not usually the problem solver. Your car was worth less 20 minutes after you bought it. America was lulled into believing RE ONLY went up...That is not true... If you pay your mortgage off completely and the home lost some value, you still have equity from paying. Again, free equity was a mirage as well. The refis ate up your equity, but you did get the safest loan out. Work hard to keep it and who knows what the future may unfold for those who have paid, but are underwater more than 105%... Be patient and stay the course. Good luck.
we were appraised at 145,000 so we refi right before the bust we were on a arm, so we thought we dia
Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.