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Baby Corner Message Board > Parent to Parent > Coupons, Savings & Money Matters What kind of mortgage do you have?



What kind of mortgage do you have?

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Old 08-31-06, 10:36 AM
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We've lived in our home for 8 years and orignally had a 30 year mortgage but have refinanced twice when rates went down. We now have a 15 year with a 4.75% fixed rate. We pay up every month so our home will be paid for in little less than 5 years.
 
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Old 08-31-06, 10:40 AM
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I *think* we have 18years left on ours and its a variable rate at the moment, we can get it fixed for a few years if we want (and rates her in Ireland & Europe are on the up again
 
) but that would increase our monthly payment. You guys in the US seem to have a better system than us.
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Old 08-31-06, 10:42 AM
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We have a 15 yr at 4.75.
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Old 08-31-06, 11:05 AM
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We have a 30 yr. at 6.9%.....and we have 30 more years on it, LOL we just finsihed building it and moved in a month ago.
We do plan to refinance when the rates go down again and our credit is a little better.
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Old 08-31-06, 11:38 AM
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we have a 30 year fixed at 5.75 % we have 29 years left
 
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