fixed or variable rate home equity 2.5% difference?
April 21, 2010 by
Filed under home equity rates
I have a fixed rate home equity line of credit on 64,000. With the lower rate on variable. Is it worth switching over? The fixed rate is at 7.3% and the variable rate is at 4.8%. I would save around $133 a month. I would apply the savings to the principal. Or is there any [...]