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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Les H who wrote (18163)3/5/2004 10:51:32 AM
From: wgh613Read Replies (1) of 306849
 
Can someone give me advice?

I was just called by my Mortgage Broker,and offered a reduction in my mortgage from 5.5% at 15 years,to 5% at a cost of 500.By my calculation,I will recover the cost after 6 months.

Are there any other costs involved or tax considerations that I was not told about?

TIA,

wgh613.
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