Asked by martir1972  |  Submitted October 20, 2016

I don't like having a 30 year mortgage and I'm wondering if I can find a fixed rate at less than 4.25%?

I am retired and owe $172,000 and have the house on the market.

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  Answers  |  1

October 26, 2016

You can possibly get a fixed rate 15 year loan at least 1.25% lower than what you pay now. If you plan to stay in the house, you should look into it.

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