S
Sharon W
Guest
...is a safe move? My son & daughter-in-law have an opportunity to re-finance their home thru Wells Fargo Bank on a 30-yr. loan with a fixed interest rate of 4.8%. This transaction would not only lower their house payments by at least $100 a month, but they would come out of it with around $80K, which would pay off every credit card + the 2nd loan + enough to purchase their own healthcare insurance, and bank the rest. I, personally cannot find a down-side to this. However, I'm not one of the people "in-the-know" of what is really going on behind the scenes. Anyone who can give me/us some accurate information regarding the status/stability of Wells Fargo will be greatly appreciated.