Refinance adjustable mortgage that has 15 years left.
We want to refinance our mortgage since it’s a adjustable rate at 3.2 percent and lock it in at a low rate. Is it better to try to refi with our current lender or try a new lender ? We have good credit, but husband is a 1099 worker, stable, but 1099.
Terry Says
You can try to refi – I’d suggest doing both — go to your current lender and see if they will require a new appraisal. Also go to GuaranteedRate.com and see what they are offering. I agree that you’d like to lock in today’s low fixed rate if you can.
