another option is to have Home Equity Line of Credit (HELOC) to pay maybe 10~20% of the original mortgage amount. this is a valid option as long as the HELOC rate is lower than my original 6.3% for the next 3~5 years.
thanks for the replies. should i wait for the rate to head furth
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not sure what to do if the rate drops lower
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12/03/2008 postreply
11:14:06