I Have An HELOC With Chase

I have an HELOC with Chase @ 7.5% Interest only should I lock now or wait a little longer?

I have the ability to to pay towards the principal and also I can pay monthly or weekly

Comments(2)

  • cjmazur10th February, 2008

    I think you can do better than 7.5%.

    I can only see short term rates going down more.

  • smithj210th February, 2008

    How do lock rates compare with variable rates? I also have a HELOC at 7.5% but when I called to lock in outstanding balance, I was told they would only lock at 10%.

    Make any sense?

    J.S.

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