Originated From
WalletPop

Refi or not to refi/ help from the gov.?

Hi david. We have a 30 yr fixed at 6.2 and we are in our 4th yr. Our bal is 329,000. We have equity in our home but we owe about 25k on a heloc and some cc. We are thinking about a refi to consolidate but according to my math only worth it if at 5%. Our credit is 780 plus but not much in the savings. Is this a bad time should we wait? And what's this about the government giving people a lower interest rate to help them be able to make their mortgage payments? How do we know if it applies to us? That's why we owe $ in the first place we we've been struggling to pay. Now with the cost of oil heat its gotten even more difficult. Help.Thanks  

Liked this question? Tell your friends about it

Related Questions

Other people asked questions on similar topics, check out the answers they received:

Asked: Billing?

I am getting calls from a collection agency saying I owe AOL money. It seems that when I stopped my payments on my paid service contract AOL still wants to bill me (?). I stopped paying because I no ...

Asked: Aol How do I contact aol about my billing

aol How do I contact aol about my billing

Asked: How do I access my account to review my order and ...

How do I access my account to review my order and pay my bill?