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Old 01-02-2013, 05:29 AM
adrian_in9@yaho adrian_in9@yaho is offline
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Join Date: Oct 2007
Posts: 316
Default . How should I alter my home loan given the current interest rate cut?

I could value some consultation in respect to how I might as well adjust my home advance. I am at present battling with the home advance installments I am right now on. I have a contract of $ 658000 at an investment rate of 7%, variable rate. Might as well I be modifying part of the advance to settled rate given the present investment rate cut situation?
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home loan interest rates
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Old 08-07-2013, 05:04 PM
David Staub David Staub is offline
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Join Date: Oct 2007
Location: Chicago
Posts: 207

There are many ways to reduce your home loan payments. If your credit score is high, you should have no problem reducing your rate to less than 4%.

If your credit score is bad, then you need to do more work. Some of the techniques on sites like may also work in a refinance.
David K. Staub | |
Forum posts are not legal advice, are for informational and educational purposes only, and are not a substitute for proper consultation with legal counsel.
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