Depending on some other variables, it looks like something that may be an option (based of current rates). The last part of your question was cut off, but I am assuming you were hoping to keep the length of the loan the same. A 7 year loan is not a term that most banks are going to carry. A 10 year loan is going to be the closest, and current rates are at or around what you are looking for. The next step would be making sure it is going to be worth it for you based on some other variables such as the type of loan you have now and your financial goals. Hopefully this helped and if you would like me to see what your options would be, feel free to give me a call. Good luck!
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