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So I got a question that I think I know the answer to, but I'm going to see what you're going to say about it.

So bought a house last year in the market rate of $7.375, and my mortgage was sold, and the new mortgage lender is saying, hey, we can save you some money

if you refinance. Now, we're on the back half of Baby Step 2, my wife and I, and I have the money

to pay off our car approximately $6,600. And the mortgage lender says, I would strike now why rates are a little lower,

because if you pay that car off, that's the last piece of debt in my name. You said your credit's

going to start to drop off, and that'll start to hurt you. So I guess my question is, do I pay off

the car, or do I refinance and then pay off the car?

What should I do?

Yeah.

Well, your mortgage lender only makes a commission when they sell you a mortgage.

Right.

So we know their advice is tainted in this case.

This guy's pitching pretty hard.

He is.

They are pretty aggressive with the calls. Yeah. Yeah uh that that right there tells you that something's up right and so um correct yeah i'm paying off the car and i'll get

around to the mortgage later why did you take such a high interest rate loan um well we were

we were living in uh i know but that's that's above market what did you have bad

credit no um credit score is upper sevens yeah 737's

yeah 737's ridiculous i mean the market for a year's been at six

that's weird.

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