MARY JORDAN
Freshman Member
- Joined
- Mar 13, 2003
Hello All!
I am thinkging about refinancing my mortagage however, I have a couple of concerns that is making me a bit slow on my decsion.
I know our house would appraise for more than it did 5 years ago, however we are in the middle of building an addition. The addition will not be completed for several months and one of my concerns is that we will miss out on the lower interest rates.
With a new bed room and bathroom in process and the appropriate permits pulled etc. Would we get credit for the addition? How does that work? Orginally we wanted to wait until the addition is completed making our bedroom a 4Bedroom 3 Bath, but I'm wondering if it will be worth the wait once the interest rates go back up.
Any input would be appreicated.
Thank You
Mary Jordan
I am thinkging about refinancing my mortagage however, I have a couple of concerns that is making me a bit slow on my decsion.
I know our house would appraise for more than it did 5 years ago, however we are in the middle of building an addition. The addition will not be completed for several months and one of my concerns is that we will miss out on the lower interest rates.
With a new bed room and bathroom in process and the appropriate permits pulled etc. Would we get credit for the addition? How does that work? Orginally we wanted to wait until the addition is completed making our bedroom a 4Bedroom 3 Bath, but I'm wondering if it will be worth the wait once the interest rates go back up.
Any input would be appreicated.
Thank You
Mary Jordan