Tuesday, October 19, 2010

Family room designs

Family room designs The next important question involves how to fund the cost of the family room addition. Unless the project is being funded via cash/savings then financing will be required. If current mortgage rates are higher than the existing mortgage, then a home equity loan will probably make the most sense. 
If current mortgage rates are lower than the existing mortgage, then refinancing the entire home, including the cost of the family room addition project, may make the most sense.

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