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Updated about 9 years ago on . Most recent reply
Move from a variable equity line into a fix 30 year loan ?
I am not sure if moving my current position I am in with a variable 400k equity line , into a fixed loan at 4.5 percent , I don't need the funds anymore because I used those funds for a down payment on a larger apartment building,
I am just wondering if I should keep the equity line, or is it a good idea to move into fixed loan for 30 years now while rates are still low,
Any feed back would be greatly appreciated