Question Details

Lisa, Other/Just Looking in Seattle, WA

I have a subprime mortgage that is scheduled to adjust in September of 2008. I also have a prepayment penalty

Asked by Lisa, Seattle, WA Sun Mar 9, 2008

of $10,000 if I pay it off before then but I am conerned about the way the market is going. Should I wait to refinance or should I start now and pay the $10K penalty?

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