What is the most current interest rate to refinance my house in California?

anuitutu asked:


I have a mortgage rate of 6.85%. should I refinance now or will interest rates go down more after the president signs the new bill to help mortgage companies?

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Tags: Interest Rates, Mortgage Rate, Refinance House

This entry was posted on Thursday, October 30th, 2008 at 2:17 pm and is filed under Renting & Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “What is the most current interest rate to refinance my house in California?”

1. Brian A Says:
   October 30th, 2008 at 3:37 pm

   To give you a definitive answer would require more information about what type of loan you have now (fixed or adjustable), how much your home is worth, how much you still owe, etc. Suffice it to say, if that 6.85% is for a fixed, 30 year, it will probably not be worth refinancing now or in the near future.

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