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Updated about 18 years ago on . Most recent reply

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Chris Bury
  • Homeowner
  • MD
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Financing advice

Chris Bury
  • Homeowner
  • MD
Posted

Question: I am renting out a home after being relocated. The rental has two mortgages: a 15 year fixed at 4.7% and a home equity line of credit at 1/2% below prime.
$275 k on 1st, $250 on line of credit.
Am I better off combining those on 30 year fixed or leaving well enough alone?

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