Tuesday, February 7, 2012

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 [...]

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