Pertaining to the recent article regarding the YMCA and/or Aqua Zone, I have a couple of questions. I would like to know more information (numbers) as to why it is not “feasible” to refinance the loan(s).
What is the current interest rate? Has it been refinanced before? What bank(s) or mortgage companies hold the loan(s)? I have saved a lot money over the years by watching for falling interest rates and refinancing my home. I do not understand why it would not be the same on the loans for the YMCA and/or Aqua Zone.
— Betsy Baumgarner, Bolivar