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Updated almost 7 years ago on . Most recent reply

2nd mortgage question
Hi Everyone,
I'm hoping for some guidance b/c I've called several mortgage companies and haven't been able to receive helpful info. I have a second mortgage on an investment property and want to refinance it. Seems to be difficult to do this and I can understand why, the loan would be for about 27K, the current rate is 6.7%, is this a good rate right now, should I just keep it and continue paying it down? Thanks in advance for any info!
Cristina