Should i refinance my house with a 5 interest rate i have a 65 rate now please advice and thank you?

Deandre
If you have been in this loan more than five years, you may want to think twice. If you look at your payoff amount, take a look at closing fees, and all costs. Everything costs money, nobody works free. It is always a good idea to take the money you would pay all these fees with and send it to your current loan as a principal payment to lower your balance.

Gregorio
If it's 5% fixed rate, yes. If it's adjustable than NOOOO.

Mazie
If you can qualify, the obvious answer would be yes, as 1.5% is quite a nice chunk of money you would be saving over time.

Darcy
why not? it sounds like fun. you only live once.