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Updated over 4 years ago,
Refi To a 30 Year From 15 Year Mortgage, Better Than Forbearance
This is a question to those who are familiar with the current refi market.
For a rental property owner who is in a 10-20 year mortgage and facing non-payment issues, it is likely a much better option to refi to a 30 year mortgage than to request forbearance.
Are refis slowing these days?
Thanks!