Expert, localized Los Angeles answers provided by Heather Roy

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7.75 Fixed Rate

  I just refinanced my mortgage ant I got a 7.75 fixed rate for 30 years. Is a 7.75 a good interest rate?



John in Qwen Oak
 
  I don't know your credit score, the amount of your down payment or the rest of your financial information, and I don't know anything about the property itself. There are lower rates to be found, but again, I can't know if you'd qualify for them.
    Edith
Originally published on July 29, 2007
 
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