Updated over 5 years ago on . Most recent reply
Collin HaysPoster
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Property Manager
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Refinancing my STRs at 2.5% 30 year fixed!
Collin HaysPoster
#3 Short-Term & Vacation Rental Discussions Contributor
Property Manager
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So I have mortgages on all of my properties, 30 year fixed with interest rates in the mid 5s. A credit union here is offering to refinance them for as low as 2.5%. That saves me $1000 a month from now on, and I think at that rate I'll just go 30 years. Why would I be in any rush to pay off a loan at 2.5%?
I am in disbelief right now.
- Collin Hays
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- 806-672-7102
SMOKY MOUNTAIN FALLS INC.
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Luke Carl
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Luke Carl
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I COULD have been the bass player for Guns n Roses but that didn't happen LOL