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my eq is 693 should i refi?

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Anonymous
Not applicable

my eq is 693 should i refi?

We were going to buy a home, now my husband has been laid off and we may be moving 2200 miles for a new job. Fun. However our car interest is insane. Its like 15-20 percent. For some reasom I cant remember.

anyways Smiley Happy 

 

is now the time to refi? how badly will it effect our chances or getting a house so in a few months? TIA

Message 1 of 5
4 REPLIES 4
Eurosooner7
New Contributor

Re: my eq is 693 should i refi?

A simple inquiry and refinance will not hurt your chances on the new home. It will just save you a few bucksSmiley Happy

 

Good luck with your new deal!

FICO Score challenge 2011

1. GOAL 750

2. CURRENT 687 695 679

3 PLANS Decrease UTIL %..Im currently at 75% EEEEKKK!!!
Message 2 of 5
Anonymous
Not applicable

Re: my eq is 693 should i refi?

If you can get a substantially better rate, what would be the reason for NOT refinancing?

 

 

Message 3 of 5
Anonymous
Not applicable

Re: my eq is 693 should i refi?

good point lol. Well who pulls eq ?
Message 4 of 5
geekhou05
New Contributor

Re: my eq is 693 should i refi?

Same boat here - current loan at 14%, 7k left of 11k.

 

EQ is at 697 - could get to 700 any day now!!! Who pulls EQ for a refi?

 

This would be very nice to accomplish!

Message Edited by geekhou05 on 09-08-2009 12:42 AM
Message 5 of 5
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