Rachel P asked: My partner and I are splitting up and she will be quit claiming the house to me. I would like to take her off the mortgage (there are 2 mortgages). Is re-financing my only option? What costs should I expect to pay for the quit claiming and the refinance (unless I can…
Daily Archives: 9:43 pm
In what order should I pay off my credit card debt?
Greg asked: I currently have a large amount of credit card debt, with high APR’s and are almost maxed. I have about 50% of the cash needed to pay off my balances. Should I pay off the highest APR’s? pay each card to 50% of its credit limit? or something else. Also can I negotiate…
My 5/1 arm will reset in 18 months, should I refinance home mortgage now, or wait for few more months?
deedee asked: Current rate of ARM interest is 5.125%. Would it better to go for 6.75% mortgage refinance at no closing costs, if I am planning to live in the same house for next 7 to 10 years?