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refinancing home

By Terry Savage on October 18, 2020 | Housing / Real Estate

We have a $90,000 home mortgage and a $30,000 equity loan.
Should we combine the loans into one às the bank is suggesting?
Thank you

Terry Says

Yes, absolutely. But don’t pay more than 3% interest on a 30 year mortgage. If the bank is offering a higher rate, compare deals at Quicken Loans or GuaranteedRate.com.



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