Is it worth it to get a longer mortage

Jacob,Having a lower monthly payment can defiantly help you financial in other investments and you can always make that 1 or 2 extra payments a year toward your mortgage to shorten the length of your loan term to 20 or 15 years without putting yourself under the pressure of higher monthly payments. if you are looking to do a refinance, we are currently offering 4.375% / 4.375APR on 30 years fix for AAA credit borrowers. please feel free to contact us for more information. Houtan.Hormozian@Crestico.com 949 242 5215

It depends on what your goals are and what your current rate is. If you prefer I can show you some loan options that may fit within your goals.

8 years left, okWhat is your equity position (its value), what is your age or how long till you retire, how much do you have put up for retirement?What are your retirement goals how does the home fit in with those?

I highly doubt it. Look, you are at the point in your mortgage (assuming it was a 30 year to start with) where most of your payment is now going straight to principle. Sure you can start over, take cash out and/or lower your payment and invest, but at what risk? Why not just get the house paid off since you are really almost done and free up the entire mortgage payment for investments? Now you no longer are risking your home in case that investment doesn't go as planned. Keep in mind I'm no investment advisor and you may still elect to go ahead. Just carefully weigh the risks before moving forward.

contact me at info@cfcmortgageonline.com15 year fixed is a great idea 3.625%