SENSE AND CENTSIBILITY Refinancing Your Mortgage: 6 steps to determine if it's worth it
Interest rates on mortgage programs have continued to drop leaving countless consumers who may have taken advantage of recent refinances asking themselves if perhaps another refinance is in their best... Posted on 4/15/13 at 1:38 PM
The Jamestown Public School Board approved Monday moving forward with a refinancing option that could save taxpayers about $2.5 million.
Under the proposed plan, the School Board would sell refinanced bonds for the Jamestown High School and Middle School project. The plan would knock off four years of payments, said Myron Knutson, who advises schools on bond issues and indebtedness. So, the bonds would be paid off in 2017 as opposed to 2021. Taxpayers would save about $2.5 million.
The current debt is about $13.5 million.
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