our first mortgage is 68000.00 the 2nd is 38000.00 we would like to combine the 2 we are in our 5o's is this a bad idea or good
It is your appendixYou need to get a second opinion and get x-rayed asapIt can become fatal if you don't handle it nowMy son went through the same exact thing and he almost diedGood Luck.
I've had green poo before tooTurns out I had too much blue cordialCheck your diet, if you're eating something processed that has blue or green colouring that could be it.
One mortgage looks better than twoThe amount is the same, and technically it shouldn't make any difference but with the computer programs they run to determine credit scores isn't as intuitive as all thatAlso, 2nd mortgages are usually held at a higher interest rateI like to use the 3-5 point ruleIf the transaction will save me 3-5 points from the currently held mortgage then I consider it a good dealAlso it may give you access to any equity you have built up and you could use it to upgrade your home to save money in the futureFor example, newer windows, furnace, water heater,refer and attic insulation would all reduce your future energy costsRamped access from outdoors and enlarging doors would allow for walking aids in case that becomes an issue in the future also.
