Legal Question in Real Estate Law in Georgia
Change fixed mortgage to in Intrest only (Libar?)
What things should I be concern with in refinancing my mortgage to an interest only (Libar?) from a fixed rate of 6.25? We are planing to live in this house forever and want to make a good decision that we will not regret.
Asked on 1/07/03, 2:47 pm
1 Answer from Attorneys
Charles W. Field
Charles W. Field, Attorney at Law
Re: Change fixed mortgage to in Intrest only (Libar?)
You don't need a lawyer to answer this question. You need a good financial advisor and/or mortgage person whom you trust to advise you.
Answered on 1/07/03, 4:41 pm