Is it better to keep an adjustable rate at 9% home equity loan vs. a fixed rate at 6% ?
Wednesday, April 21st, 2010 at 7:12 am
Comments (6)
The adjustable rate has been as low as 5%, the plan we have can have the loan paid off in 3.5 years. Would it be beneficial to change to a fixed rate at 6% now, because of closing costs and fees?