http://mycreditdebt.org Debt and Credit Blog and Resource Center Mon, 07 May 2012 15:52:19 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 http://mycreditdebt.org/should-i-refinance-a-construction-loan-to-a-permanent-loan-or-convert-to-a-permanent-loan.php http://mycreditdebt.org/should-i-refinance-a-construction-loan-to-a-permanent-loan-or-convert-to-a-permanent-loan.php#comments Sun, 01 Nov 2009 01:27:49 +0000 admin http://mycreditdebt.org/should-i-refinance-a-construction-loan-to-a-permanent-loan-or-convert-to-a-permanent-loan.php It seems that interest rates are much lower for refinancing existing loans, as opposed to new loans. I have a construction loan which doesn’t expire for a few months, would it be better to refinance the construction loan to a permanent mortgage or do a construction to permanent conversion loan? Which will get me a lower interest rate?

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