Home › Forums › Financial Markets/Economics › Get ready for even lower interest rates…. › My problem has been that I
My problem has been that I don’t have 20% equity in my house; that’s why I haven’t refi’d.
However, with rates at 4% or lower for a 20-30 year fixed..I’ll either eat the PMI or pay down the mortgage to get to 20%.
My blended rate is 6.25% now…I’d love to lock in something around 4% or lower if I don’t have to drop $10k out of pocket to do it.