Heloc
Hi I have a $98,000 balance on a $100000
Heloc. Can I turn that into a fixed rate mortgage? Or do you have a better idea for paying it down?
Terry Says
OMG — Immediately refinance that home equity line of credit into a mortgage — assuming you have income and good credit to qualify! Rates are rising so lock in now. Try your local bank or go online to Rocket Mortgage or GuaranteedRate.com. Don’t procrastinate!
Remember when rates rise, they will rise on your HELOC too!
