Home Loans

[mindycraig]

We have an interest only home loan at 6.25% for 5 years for $312K and a 2nd for $57,000 at 8.0%. We would like to consolidate our loan into a 30 year fixed. We bought our house for $390K and it has not gone up in value. Are we able to do that? Or would it be better to wait?

[Quentin]

Consolidate!!!!!! it'll save you thousands of dollars!!!