Thread: MORTGAGE RATES
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Old 08-13-2011, 09:17 AM   #25
american spirit
Formerly the_shocker
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Join Date: Feb 2006
Location: ricca
Posts: 730
i talked to a guy who looks at zillow and then tells you if you should be worried about your value being to low to re-fi. isn't that bs?

i think my problem now my homes value. i'm doing 5.25% on a 30 year fixed. did a lot of improvements to the house. currently zillow has me listed for 274 and i owe about 230. by i believe my house is worth at least 320.

i've been told you need to pay about 500 for an appraisal, then if it comes in at the right number you can go ahead for a re-fi.

a rate in the 3's would be huge, but not sure if i can do it. is there a way for the town to appraise you for free?
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