Ask Terry Questions Refinance or just pay off mortgage

Refinance or just pay off mortgage

By Terry Savage on March 02, 2021 | Housing / Real Estate

I have a 15 year mortgage that will be paid off in early 2025 . My interest rate is 3%. I am 73 years old. Is it best to just seat tight and till 2025 instead of trying to refinance

Terry Says

Yes, it’s just a few short years, and you have a current rate. so stick with it and keep your cash safe, too. Celebrate when you “burn” the mortgage!

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