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Hmmm... Mortgage Rates.
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<blockquote data-quote="muchado" data-source="post: 86340" data-attributes="member: 17"><p>werd... my house appraised for 20k more than I paid when I bought it this fall and I've spent $10k plus alot of our own labor in improvements so maybe it could happen <img src="/styles/default/xenforo/smilies2/dunno.gif" class="smilie" loading="lazy" alt=":dunno:" title="Dunno :dunno:" data-shortname=":dunno:" /> that would be nice to go from 6.5% to 5% just over some paperwork..</p><p></p><p></p><p>question though since I'm a newbie homeowner...</p><p>So let's say I owe 110k now on my house and it appraises about 130(assume no improvement in value from Sept to now even with the improvements I've made due to this market)... Would I be able to just take out my 110 + the paperwork fees ($5k) so like $115k on 5% instead of current balance of $110k on a 6.5%?</p></blockquote><p></p>
[QUOTE="muchado, post: 86340, member: 17"] werd... my house appraised for 20k more than I paid when I bought it this fall and I've spent $10k plus alot of our own labor in improvements so maybe it could happen :dunno: that would be nice to go from 6.5% to 5% just over some paperwork.. question though since I'm a newbie homeowner... So let's say I owe 110k now on my house and it appraises about 130(assume no improvement in value from Sept to now even with the improvements I've made due to this market)... Would I be able to just take out my 110 + the paperwork fees ($5k) so like $115k on 5% instead of current balance of $110k on a 6.5%? [/QUOTE]
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Hmmm... Mortgage Rates.
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