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Updated almost 5 years ago,
Collin HaysPoster
#2 Short-Term & Vacation Rental Discussions Contributor
Property Manager
Pro Member
- Property Manager
- Gatlinburg, TN
- 3,065
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Refinancing my STRs at 2.5% 30 year fixed!
So I have mortgages on all of my properties, 30 year fixed with interest rates in the mid 5s. A credit union here is offering to refinance them for as low as 2.5%. That saves me $1000 a month from now on, and I think at that rate I'll just go 30 years. Why would I be in any rush to pay off a loan at 2.5%?
I am in disbelief right now.
- Collin Hays
- [email protected]
- 806-672-7102
SMOKY MOUNTAIN FALLS INC.