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I brought my home 1yr ago, I want to refinance, my mortgage was setup with a 1st and 2nd mortgage?

Aug 19, 2006 by mickeytchs | Posted in Renting & Real Estate

Total I brought the house for 87000 and I owe about 85000 total between the two mortgages. First mortgage has an itnerest rate of 9.5% and the 2nd is about 12%. Is this a good time to refinance. In total I am paying between 750-800 a month (not including

you'd have to borrow at least 85000.00 as that is your total as you would have to pay other two liens off

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